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Block of flats for sale in Elgin Road, Croydon, London

Investment

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Block of flats for sale 1,328 sq. ft*

Property features

Residential investment opportunity
Newly refurbished in 2015
Gross Annual Income of £69,444
Gross annual yield of 7.72% at the asking price
Fully let

Property description

Dexters are offering this turnkey residential investment opportunity.

Victorian period, semi-detached residential property with off-road parking and rear garden.

Accommodation comprises:- 1 x self-contained lower ground floor 2 bedroom flat plus a 6 room HMO with communal kitchen - all 6 rooms with private en-suite shower facilities.

Located within 400m of Sandilands Tram Stop for direct trams to East Croydon, ikea and Wimbledon. Newly refurbished in 2015 and fully let, this can be purchased as a Freehold asset.

Registered as Title Number SGL117356 and sold subject to the existing AST agreements.

Freehold investment opportunity to acquire a fully licenced HMO in popular Croydon location.
Income generating investment producing £69,444 gross per annum, representing a gross annual yield of 7.72% at the asking price.

Further details on this and other investment opportunities upon request.

Floorplan(s): Floor Plan

Floor Plan View original

Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

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

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Dexters - Development and Investments London, and do not constitute property particulars. Please contact Dexters - Development and Investments London 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.