Commercial property for sale in St. James's Road, Croydon CR0

Offers in region of £1,350,000 (£420.43/sq. ft)
Commercial property for sale 3,211 sq. ft*
Interested in this property? Call +44 20 8033 9169 * or Request Details

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Property features

  • 14 bedroom hmo providing an excellent residential investment opportunity.
  • Newly modernised and decorated to a high internal standard for rental occupation.
  • Property extending to 3,211 sq.ft. Gia
  • Opportunity to reconfigure the property to provide 15 bedrooms increasing the rental income by circa £7,150 per annum.
  • Freehold subject to the occupational tenancies.
  • Annual rental income of £99,600 per annum.
  • Offers invited in the region of £1,350,000.

Property description

Elizabeth House comprises a newly refurbished 14 bedroom house of multiple occupation. The property is licensed for 16 persons valid from 24 August 2018 until 23 August 2023.

The property is let producing a rental income of £99,600 per annum which can be guaranteed by the landlord upon completion.

The property is arranged over lower ground, ground, first and second floor and provides 14-bedroom's. The property benefits from four communal bathroom's and two additional WCs, kitchen facilities on the lower ground floor and first floor and a large communal living room area.

The property has been recently been modernised and redecorated throughout. The property benefits from fire alarm system, emergency lighting and CCTV throughout the building. Heating is via a gas fired central heating system that supplies water-fed radiators. The windows are all double-glazing uPVC throughout.

The bedrooms are provided with water basins and a security door entry phone linked to the communal front door.

Gated access on the eastern boundary provides access to a well maintained communal rear garden whilst the front drive provides two off-street private car parking spaces.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
SHW, CR0 on +44 20 8033 9169 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by SHW, and do not constitute property particulars. Please contact SHW for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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