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SOLD STC

Cotford Road, Thornton Heath, Surrey, CR7

Guide Price
£675,000

£445.84 per sq ft

Business rates & charges may apply

Dexters Development & Investment, South London
SIZE AVAILABLE

1,514 sq ft

141 sq m

SECTOR

Residential development for sale

Floor Plan
1

Key features

  • Freehold investment opportunity
  • Current combined annual income £52,500 GROSS
  • Representing an annual yield of 7.77%
  • Fully let
  • Comprising 3 self-contained flats
  • Refurbished in 2016

Description

Dexters are delighted to present this turnkey residential freehold investment opportunity comprising of three self-contained flats (1nos. studio apartment, 1nos. one-bedroom garden flat, 1nos. two-bedroom, two-bathroom maisonette.

Located within 400 metres of Thornton Heath railway station with direct trains to London Victoria and London Bridge.

The three properties were refurbished in 2016 and will be sold with the tenants in situ.

A Certificate of Lawful Use of Development was GRANTED by Croydon Council of the 6th of July 2022 confirming that the "three units are lawful under the provisions of Section 171B of the 1990 Town and Country Planning Act (as amended)."

Tenure
Freehold HM Land Registry Title Number SGL747066

Energy Performance Rating
Flat 1: Energy Rating C
Flat 2: Energy Rating C
Flat 3: Energy Rating D

Cotford Road, Thornton Heath, Surrey, CR7

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Thornton Heath Station0.1 miles
  • Selhurst Station0.6 miles
  • Norwood Junction Station1.0 miles

About Dexters Development & Investment, South London

Dexters Wimbledon, 12 The Broadway London SW19 1RF

Our dedicated team of specialists have a well-established track record in gaining our clients more than the market value for land/development/investment projects and new developments in London. We are members of RICS and our qualified chartered surveyors uphold their reputation for integrity and professionalism.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference CotfordRd. 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, South 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.

Map data ©OpenStreetMap contributors.

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