Block of flats for sale in Merton High Street, London SW19

Key features

· Freehold Investment opportunity

· Income Generating

· Shops and amenities nearby

· South Wimbledon Underground is at doorsteps

· Wimbledon Overground train station is on 10 minutes on bus

· Potential to purchase additional units

. Freehold for sale

Property Description:

Cribs Estates Proudly presents this investment opportunity for income-generating portfolio along with Existing AST/Lease tenants which means incoming will be coming from day first.

Situated within the London Borough of Merton, the property is well located on Merton high Street with few steps away from Colliers’s wood underground station. It is home to a number of restaurants and convenience stores including Burger king, kfc and big Sainsburys and 24 hours Tesco fuel pump.

This Property has 2 flats (1 bedroom and 2 bedroom) and 2 Cafe on ground floor. We have existing AST tenants with high rent who has been there for more than 2 years. There is 2 parking space which is also rented on with £1800 pa.

Along with flat we have one advertisement panel rented on £12,000 pa.

Total Rent for this property (Incl. Ground floor shops, parking, and advertisement panel) is around £70k Per Annum


The Overall EPC Rating is E.

Flat-1

Annual Rent: £10,800

Flat-2

Annual Rent: £21,600

Cafe

Annual Rent: £10,200

Cafe 2

Annual Rent: £10,200



2 Parking Spaces

Annual Rent: £1800

Advertisement Panel

Annual Rent: £10,000