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Block of flats for sale in Dorien Road, London

Investment

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Block of flats for sale

158 sq. ft*

Property features

Residential Freehold
Three Apartments
Investment Opportunity
Let on AST's
Erv £60,000 pa
Excellent condition

Property description

Excellent Investment opportunity to acquire an income generating residential freehold in Raynes Park.

Residential freehold split into three apartments. All the apartments are privately let on AST's with no rent arrears, and are in excellent condition.

Flat 1 - 74.6 square metres - 2 bedrooms with private garden - Current rent £23,993 pa

Flat 2 - 43.3 square metres - 2 bedrooms - Vacant, erv £21,000 pa

Flat 3 - 40 square metres - 1 bedroom - Current rent £14,100 pa

We believe the three apartments, if sold on the open market with vacant possession, could achieve up to £1,275,000. The estimated rental value of the three apartments is £60,000 pa.

Dorien Road is a popular residential street in Raynes Park. The property is situated close to both Raynes Park and Wimbledon Chase station giving quick and direct access to central London, and is popular area for both young professionals and families.

For sale is the unbroken freehold.

Floorplan(s): Flat 1 Floorplan Flat 2 Floorplan

Flat 1 Floorplan View original

Flat 2 Floorplan 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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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.