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Surbiton Road, Surbiton, Surrey, KT1

Guide Price
£1,700,000

£719.42 per sq ft

Business rates & charges may apply

Dexters Development & Investment, South London
SIZE AVAILABLE

2,363 sq ft

220 sq m

SECTOR

Residential development for sale

Key features

  • Fully let "turnkey" investment opportunity
  • 5nos. luxury one-bedroom self-contained flats
  • Generating a Gross Income of £97,800 per annum
  • Situated within the Royal Borough of Kingston Upon Thames
  • Sold with the tenants in situ.
  • Freehold for sale

Description

Dexters are delighted to introduce for sale the freehold of a fully let "turnkey" investment opportunity located in Kingston upon Thames, Greater London KT1.

The building was converted in November 2024 creating 5nos. luxury one-bedroom self-contained flats, (2nos. flats on the first floor and 3nos. flats on the second floor). The flats are presented in excellent condition and are all fully let on Assured Short hold Tenancy agreements currently generating a Gross Income of £97,800 per annum, representing a Gross Yield of 5.75% pa at the Guide Price.

Situated within the Royal Borough of Kingston Upon Thames, the property is located within 800 metres of Kingston town centre featuring a plethora of shops, coffee shops, cafés, restaurants and department stores including The Bentall Centre Shopping Centre, John Lewis & Partners and Fenwick's.

Kingston railway station is within 1.37 kilometres providing direct trains to London Waterloo. The smaller town centre of Surbiton is within 1.2 kilometres providing a selection of mainstream and boutique shops. Surbiton railway station is within 1.0 kilometres providing direct trains to London Waterloo, with the fast train service arriving at London Waterloo within circa 18-minutes. The river Thames is located within 275 metres.

Tenure - Freehold HM Land Registry Title Number SGL74727
Flat 1 Lease HM Land Registry Title Number SGL856789
Flat 2 Lease HM Land Registry Title Number SGL856787
Flat 3 Lease HM Land Registry Title Number SGL855918
Flat 4 Lease HM Land Registry Title Number SGL856790
Flat 5 Lease HM Land Registry Title Number SGL856791

Each of the five flats are held on 999-year leases starting from 03.02.2025
Note: The property will be sold with the tenants in situ.

Energy Performance Certificates

Flat 1 - EPCFlat 2 - EPCFlat 3 - EPCFlat 4 - EPCFlat 5 - EPC

Brochures

Surbiton Road, Surbiton, Surrey, KT1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Surbiton Station0.6 miles
  • Kingston Station0.8 miles
  • Hampton Wick Station0.9 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

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Disclaimer - Property reference 39SurbitonRoad. 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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