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Merton Road, London, SW19

Flat 1 - Floor PlanFlat 2 - Floor Plan
9

Key features

  • Fantastic Investment Opportunity
  • 9x self-contained apartments plus freehold
  • 5x 1 bedroom and 4x 2 bedrooms
  • Sold with tenants in situ
  • Current passing rents £169,740 p.a. (ERV £202,800 p.a.).
  • Potential development scope (Air Rights) subject to planning permissions

Description

For Sale - The Freehold plus 9x apartments in this modern purpose built block.

The Ground Floor Commercial unit has been sold off on a long leasehold 999 years (Unexpired 979 years).

BEING SOLD WITH TENANTS IN SITU.

Current passing rents £169,740 p.a. (ERV £202,800 p.a.).

There are 9 apartments approx. 460.1 Sq. M (4,952 sq. ft.) arranged over the Ground, First & Second Floors.

The configuration is 5x 1 bedroom and 4x 2 bedroom apartments all self contained with own kitchen and bathrooms. Two with Gardens.

The leases on the residential apartments are 125 years from 2005 (105 years unexpired).

The apartments are held in part by an Individual and in part within a clean SPV.

There may be some Development scope (Air Rights) subject to the usual planning permissions.

THE SITE IS BEING SOLD SUBJECT TO CONTRACT ONLY - UNCONDITIONAL PURCHASE.

Tenure - Unencumbered Freehold HMLR Title Number SGL99458
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Merton Road, London, SW19

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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.

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Disclaimer - Property reference HoratioHouse2. 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.

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