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Residential Investment, 78 Sumner Road, South Norwood, Croydon, CR0 3LJ
not specified / Other / Residential
Withdrawn - Last updated: 12 November 2024
SUMMARY
- Opportunity to acquire a residential Investment comprising 8 apartments.
- The property is located on Sumner Road, Croydon and is within a 12-minute walk from West Croydon station, providing services to London Bridge within 18 minutes.
- The existing property comprises 4 x 1 bedroom & 4 x 2-bedroom apartments arranged from basement to second floor, extending to a total area of approximately 4,063 sq ft NSA.
- The 8 apartments currently generate a combined rental income of £122,700 per annum.
- The property has an ERV of approximately £131,700 per annum, reflecting an initial yield of 7.75% at the purchase price.
-
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to view the property on Google street view.
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to view the data room.
- The property is available freehold.
- Offers in excess of £1,700,000
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