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Dorien Road, London, SW20

Guide Price
£1,100,000

£6962.03 per sq ft

Business rates & charges may apply

Dexters Development & Investment, London
SIZE AVAILABLE

158 sq ft

15 sq m

SECTOR

Residential development for sale

Key features

  • Residential Freehold
  • Three Apartments
  • Investment Opportunity
  • Let on AST's
  • ERV £60,000 PA
  • Excellent condition

Description

Excellent Investment opportunity to acquire an income generating residential freehold in Raynes Park.

Residential freehold split into three apartments. All the apartments are privately let on AST's with no rent arrears, and are in excellent condition.

Flat 1 - 74.6 square metres - 2 bedrooms with private garden - Current rent £23,993 pa

Flat 2 - 43.3 square metres - 2 bedrooms - Vacant, ERV £21,000 pa

Flat 3 - 40 square metres - 1 bedroom - Current rent £14,100 pa

We believe the three apartments, if sold on the open market with vacant possession, could achieve up to £1,275,000. The estimated rental value of the three apartments is £60,000 pa.

Dorien Road is a popular residential street in Raynes Park. The property is situated close to both Raynes Park and Wimbledon Chase station giving quick and direct access to central London, and is popular area for both young professionals and families. 

For sale is the unbroken freehold. 

Dorien Road, London, SW20

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Raynes Park Station0.3 miles
  • Wimbledon Chase Station0.4 miles
  • South Merton Station0.8 miles

About Dexters Development & Investment, London

20 Claremont Road, Surbiton, KT6 4QU

Dexters Development & Investment, London

London covered

Our dedicated team of specialists have a well-established track record of achieving clients more than the market value for land, development and investment projects across the capital. Members of RICS, our qualified chartered surveyors uphold their reputation for integrity and professionalism.

Based in one of the Dexters ‘Centres of Excellence, our experts focus solely on development services for clients including Croudace Homes, Barratt Homes, Berkeley Grou

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Notes

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Disclaimer - Property reference 91aDorienRoadSW208EL. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Dexters Development & Investment, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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