£1,500,000
Property for saleSurbiton Road, Kingston Upon Thames KT1
EPC Rating: D
Freehold
About this property
Arranged over the first and second floors, the portfolio includes two premium one bedroom apartments on the first floor and three elegant one bedroom apartments on the second floor.
All units are in excellent condition and fully let on Assured Shorthold Tenancies, generating a Gross Annual Income of £97,800, equating to a Gross Yield of 6.52% at the Guide Price making it a secure and immediately income producing asset for discerning investors.
The property enjoys an enviable position within half a mile of Kingston’s vibrant town centre, home to an extensive array of boutique retailers, premium dining establishments, artisan coffee houses and renowned destinations including The Bentall Centre, John Lewis & Partners and Fenwick.
Both Kingston and nearby Surbiton offer exceptional transport connections with Kingston Station less than 1 mile offering direct services to London Waterloo and Surbiton Station just over a half mile away providing fast services reaching London Waterloo in around 18 minutes. The picturesque River Thames lies just a short walk away, enhancing the appeal and long term desirability of the location
Each of the five apartments benefits from a 999 year lease, commencing 3rd February 2025
The property is offered for sale with tenants in situ, providing immediate and stable rental income.
All units are in excellent condition and fully let on Assured Shorthold Tenancies, generating a Gross Annual Income of £97,800, equating to a Gross Yield of 6.52% at the Guide Price making it a secure and immediately income producing asset for discerning investors.
The property enjoys an enviable position within half a mile of Kingston’s vibrant town centre, home to an extensive array of boutique retailers, premium dining establishments, artisan coffee houses and renowned destinations including The Bentall Centre, John Lewis & Partners and Fenwick.
Both Kingston and nearby Surbiton offer exceptional transport connections with Kingston Station less than 1 mile offering direct services to London Waterloo and Surbiton Station just over a half mile away providing fast services reaching London Waterloo in around 18 minutes. The picturesque River Thames lies just a short walk away, enhancing the appeal and long term desirability of the location
Each of the five apartments benefits from a 999 year lease, commencing 3rd February 2025
The property is offered for sale with tenants in situ, providing immediate and stable rental income.
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£7,503 per month
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