Surbiton Road, Surbiton, Surrey, KT1
- PROPERTY TYPE
Flat
- BEDROOMS
5
- SIZE
2,363 sq ft
220 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Fully let "turnkey" investment opportunity
- 5nos. luxury one-bedroom self-contained flats
- Currently 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
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.
Brochures
Brochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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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.
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- 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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Surbiton Road, Surbiton, Surrey, KT1
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About Dexters Development & Investment, South London
Dexters Wimbledon, 12 The Broadway London SW19 1RFYour mortgage
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Visit our security centre to find out moreDisclaimer - Property reference 39SurbitonRoad2. 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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