Guide price
£2,750,000
(£366.03/sq. ft)
Block of flats for saleUpper Brighton Road, Surbiton KT6
7,513 sq. ft
About this property
To be sold at savills auction 21st October unless sold prior
An opportunity to acquire two income producing residential properties arranged as 8 self-contained flats.
Both properties are situated within 7-minute walk from Surbiton Station, which offers direct access to London Waterloo in 17 minutes.
Arranged as 3 x 1 beds, 3 x 2 beds, and 2 x 3 beds.
Total NIA of 7,513 sq ft.
The properties are currently producing a rental income of £154,140 per annum.
Erv of £185,400 per annum.
Total breakup value of £4,135,000.
Being sold at a significant discount to breakup value.
Potential for extension/subdivision STPP.
Freehold.
Proposal
Guide Price £2,750,000 (Two Million Seven Hundred and Fifty Thousand Pounds) subject to contract, which reflects a 33.5% discount to breakup value and a low capital value of £366 psf.
An opportunity to acquire two income producing residential properties arranged as 8 self-contained flats.
Both properties are situated within 7-minute walk from Surbiton Station, which offers direct access to London Waterloo in 17 minutes.
Arranged as 3 x 1 beds, 3 x 2 beds, and 2 x 3 beds.
Total NIA of 7,513 sq ft.
The properties are currently producing a rental income of £154,140 per annum.
Erv of £185,400 per annum.
Total breakup value of £4,135,000.
Being sold at a significant discount to breakup value.
Potential for extension/subdivision STPP.
Freehold.
Proposal
Guide Price £2,750,000 (Two Million Seven Hundred and Fifty Thousand Pounds) subject to contract, which reflects a 33.5% discount to breakup value and a low capital value of £366 psf.
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