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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

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 Group, Crest Nicholson, Metropolitan Housing, Henley Homes and Ballymore Group.

Landowner support

We guide land and property owners on the development potential of their assets and can help every step of the way through the planning minefield whilst providing guidance on the type of development you are likely to achieve. Working with our third-party planning and design team we can help you to visualise the concept, and assess the costs to build and value the end asset.

Land disposal

We can advise on the value of land, and explore development opportunities. Once we have assessed both the current value and the development value we can guide you on the best route to market.

Land acquisition

Our expert teams deal with development sites that are on the market, along with those that are being marketed “off market” and low-key.. If you are looking to invest or develop in these types of projects we can help source suitable opportunities, assess their future value and ultimately help you to acquire them.

Investment acquisition / disposal

We acquire and sell all types of investment assets from portfolio sales, whole block pre-sales, HMO's and mixed use (residential/commercial) Freeholds in the High Street. Whether you are looking to buy or sell an investment property we can help with valuations, comparable evidence, finding tenants, full management and block management..

New Homes sales & marketing

Whether in London or overseas, we can advise developers and housing associations on the unit mix, pricing, legislation, finance and buyer profiles.

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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