Block of apartments for sale
21 St. James Avenue, Sutton, Surrey
- PROPERTY TYPE
Block of Apartments
- SIZE
1,136 sq ft
106 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.
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Key features
- Semi-detached building on popular residential street
- Arranged as a 4 Unit HMO
- C. 1,136sqft gross internal floor area with large garden to rear
- Freehold in same family ownership for 50+ years
- Currently let below market rate with existing Tenants holding over
- Guide price £475,000 F/H
Description
The property measures 1,136sqft internally and is arranged as 4-units. There are 2 units on each floor which all have kitchenettes and coin operated meters, The property is also served with gas central heating. The units share a communal shower room/wc that is located on the first floor. To the rear of the property there is a large garden that is currently shared by the existing Tenants.
Having been in family ownership for 50+ years, the property is currently let at below market rates with existing Tenants holding over meaning there is significant opportunity to increase the rental income of the property through management. The estimated market rental value of the HMO is £42,000 per annum. Subject to planning permission, the property may also lend itself to conversion to either a family home or 2 x flats.
The property is to be sold Tenanted and is available for immediate Freehold purchase
Brochures
Particulars- 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.
- 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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Energy performance certificate - ask agent
21 St. James Avenue, Sutton, Surrey
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Visit our security centre to find out moreDisclaimer - Property reference 37103FH. 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 Acorn Limited, Acorn Commercial. 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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