Guide price
£700,000
(£433.97/sq. ft)
Block of flats for saleRed Lion Road, Tolworth KT6
1,613 sq. ft
About this property
An opportunity to acquire an income producing residential investment comprising 4 self-contained flats.
The property is located 0.7 miles from Tolworth Station, which offers direct access to London Waterloo in 28 minutes.
Arranged as 3 x 1 beds and 1 x 2 bed.
Measuring 1,613 sq ft NIA.
The property is fully let producing a rent of £61,200 per annum.
Being sold at a significant discount to the breakup value.
Potential to increase the massing by adding an additional floor, subject to obtaining the necessary consents.
4 parking spaces: 2 at the front of the property and 2 at the rear.
Freehold.
Guide Price - £700,000 + (Seven Hundred Thousand Pounds) subject to contract, which reflects a Gross Yield of 9.00% and a low capital value of £434 psf based off the NIA.
The property is located 0.7 miles from Tolworth Station, which offers direct access to London Waterloo in 28 minutes.
Arranged as 3 x 1 beds and 1 x 2 bed.
Measuring 1,613 sq ft NIA.
The property is fully let producing a rent of £61,200 per annum.
Being sold at a significant discount to the breakup value.
Potential to increase the massing by adding an additional floor, subject to obtaining the necessary consents.
4 parking spaces: 2 at the front of the property and 2 at the rear.
Freehold.
Guide Price - £700,000 + (Seven Hundred Thousand Pounds) subject to contract, which reflects a Gross Yield of 9.00% and a low capital value of £434 psf based off the NIA.
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