Fixed price
£1,200,000
(£519.93/sq. ft)
Block of flats for saleSurbiton Road, Kingston Upon Thames KT1
2,308 sq. ft
Just added
About this property
Located directly next to Kingston University
Immediate Income
7 studio apartments with en-suite and kitchenette
Freehold
- Grocery shop with 7 HMO units (self-contained) in the ground and upper parts offering immediate income
- Located directly next to Kingston University and less than 1 mile from Surbiton Station with routes into Central London within an hour
- Commercial space (ground floor & basement) which is let to Surbiton Groceries with 5 years unexpired paying £12,000 pa (there is an outstanding rent review)
- The upper floors feature: 7 studios all with their own en-suite and kitchenette with a NIA of c.1,002 sq.ft / 93.1 sq.m, which are all let on ASTs producing a further £100,000 pa
- There are also two communal kitchens and a communal toilet
- Total income £112,000 pa
- Building measuring c.2,307.8 sq.ft / 214.4 sq.m
- All the studios have recently been refurbished
- At the asking price it reflects a yield of 9.3%
- Freehold
- Located directly next to Kingston University and less than 1 mile from Surbiton Station with routes into Central London within an hour
- Commercial space (ground floor & basement) which is let to Surbiton Groceries with 5 years unexpired paying £12,000 pa (there is an outstanding rent review)
- The upper floors feature: 7 studios all with their own en-suite and kitchenette with a NIA of c.1,002 sq.ft / 93.1 sq.m, which are all let on ASTs producing a further £100,000 pa
- There are also two communal kitchens and a communal toilet
- Total income £112,000 pa
- Building measuring c.2,307.8 sq.ft / 214.4 sq.m
- All the studios have recently been refurbished
- At the asking price it reflects a yield of 9.3%
- Freehold
Mortgage calculator
Monthly repayment
£6,002 per month
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