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SUMNER ROAD, 78 Sumner Road, South Norword, Croydon, CR0 3LJ

not specified / Other / Residential

For Sale - £1,700,000.00

Available - Last updated: 13 June 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.

 

  • to view the property on Google street view.

 

  • to view the data room.

 

  • The property is available freehold.

 

  • Offers in excess of £1,700,000

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £1,700,000.00 NA

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Doris Ishack

DI Properties Development and Investment

020 7625 6555

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