304a High Street, Sutton, Surrey SM1 1PQ

£650,000

7

Virtual Tour

Floorplan

Floorplan

Brochure

Overview

HMO Investment - 11% + Yield - 7 bedrooms - Sutton Town Centre.

Long leasehold investment opportunity - Currently vacant or can be sold with tenants

  • Read More

    Description
    Split level 146 Sq m flat over first and second floors comprising 7 rooms, 2 bathrooms and kitchen / diner, The property has been used for many years as an HMO

    Works have been completed to allow for a new license and the inspection needs to be booked in to complete the process.

    The property is in a good condition and has previously produced in excess of £6,000 pcm which is possible if self managed, this reflects a yield of circa 11% based on the current marketing figure

    The property is currently vacant with a management company on standby to take over the property on a 3 year tenancy paying £4,250 pcm, this reflects a yield of circa 7.9% based on the current marketing figure

    View by appointment only, Contact Sole Agents CSJ Property 020 8545 0591.

    Terms
    Offers are invited in excess of £650,000 for the long leasehold interest

MAP

Arrange A Viewing

Looking for funding

×

Create an account to save properties

Your files have downloaded successfully into the My Downloads folder.

Currently using 36% of your storage space.