Investment For Sale, Croydon
3 photos
Property ID: 156690
£665,000 Freehold
61 Outram Road, Croydon, CR0 6XG
Type
Investment
Status
Available
Size
1,817 sq ft
Key Features
- Unbroken Freehold Residential Investment
- Modern development of 3 self-contained flats (2 x 2-bed and 1 x 1-bed)
- Fully let on assured periodic tenancies producing a gross rental income of £49,931 per annum
- Estimated Rental Value (ERV): £51,600 per annum
- Site area extends to approximately 0.041 hectares (0.101 acres)
- Located on Outram Road in Croydon, approximately 15 minutes' walk from East Croydon Station.
- Offers are invited in excess of £665,000 for the freehold interest subject to the existing tenancies. A purchase at this reflects a gross yield of 7.50%.
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Description
Unbroken Freehold Residential Investment<br>
<br>
Modern Development Of 3 Self-contained Flats (2 X 2-bed And 1 X 1-bed)<br>
<br>
Fully Let On Assured Periodic Tenancies Producing A Gross Rental Income Of £49,931 Per Annum<br>
<br>
Estimated Rental Value (erv): £51,600 Per Annum<br>
<br>
Site Area Extends To Approximately 0.041 Hectares (0.101 Acres)<br>
<br>
Located On Outram Road In Croydon, Approximately 15 Minutes' Walk From East Croydon Station.<br>
<br>
Offers Are Invited In Excess Of £665,000 For The Freehold Interest Subject To The Existing Tenancies. A Purchase At This Reflects A Gross Yield Of 7.50%.
<br>
Modern Development Of 3 Self-contained Flats (2 X 2-bed And 1 X 1-bed)<br>
<br>
Fully Let On Assured Periodic Tenancies Producing A Gross Rental Income Of £49,931 Per Annum<br>
<br>
Estimated Rental Value (erv): £51,600 Per Annum<br>
<br>
Site Area Extends To Approximately 0.041 Hectares (0.101 Acres)<br>
<br>
Located On Outram Road In Croydon, Approximately 15 Minutes' Walk From East Croydon Station.<br>
<br>
Offers Are Invited In Excess Of £665,000 For The Freehold Interest Subject To The Existing Tenancies. A Purchase At This Reflects A Gross Yield Of 7.50%.
Location
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Stiles Harold Williams Partnership LLP
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Property ID: 156690
Investment For Sale, Croydon
£665,000 Freehold
61 Outram Road, Croydon, CR0 6XG
Stiles Harold Williams Partnership LLP
View all properties
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Stiles Harold Williams Partnership LLP