Overview

Income producing buy to let investment - Six bedroom maisonette

Fully let and well located with quick easy access to Rail station and amenities

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  Description
  For Sale by Online Auction, Starting Bid of £400,000, Terms and Conditions Apply
  
  Large 1st & 2nd floor maisonette comprising reception room, kitchen, six bedrooms and two bathrooms.

  Location
  The property is ideally located in Streatham Vale and is a walk or short bus journey from Streatham Common Station with direct access to Central London via Clapham Junction, London Bridge and London Victoria.
  
  Nearest Stations:
  Streatham Common (0.6 miles)
  Mitcham Eastfields (0.7 miles)

  Income
  The property is let as 6 individual rooms producing £38,520 per annum
  
  All tenancies now periodic (2 months notice required for vacant possession
  
  The seller has confirmed all tenants are working professionals and there are no arrears or payment issues to date

  Lease
  Lease: 99 years from 25th December 1993
  Ground Rent: £50 per annum

  Council Tax
  Merton Borough Council
  Band C

  Terms
  For Sale by Online Auction,
  Starting Bid of £400,000, Terms and Conditions Apply

  Viewing
  Contact sole agents
  
  Christopher St James 020 8296 1273