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Richmond Road, Kingston Upon Thames, Surrey, KT2

PROPERTY TYPE

House

BEDROOMS

16

SIZE

3,576 sq ft

332 sq m

TENURE
Describes 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

  • Freehold sale
  • 4nos. three-bedroom flats
  • 2nos. two-bedroom flats
  • Ensuite bathroom
  • Sold with tenants in situ

Description

Dexters are delighted to introduce for sale a fully let "turnkey" investment opportunity located in Kingston upon Thames featuring a total of six self-contained flats (4nos. three-bedroom and 2nos. two-bedrooms).

Situated within the Royal Borough of Kingston Upon Thames, the properties are located within 1.4 kilometres 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 650 metres providing direct trains to London Waterloo.

135 Richmond Road
Flat 1 is a three-bedroom flat, with the main bedroom benefiting from an en-suite bathroom.
All three bedrooms are currently let on separate Assured Shorthold Tenancy Agreements (ASTs).
Flat 2 is a three-bedroom flat.
All three bedrooms are currently let on separate Assured Shorthold Tenancy Agreements (ASTs).

137 Richmond Road
Flat 1 is a three-bedroom flat, with the main bedroom benefiting from an en-suite bathroom.
All three bedrooms are currently let on separate Assured Shorthold Tenancy Agreements (ASTs).
Flat 2 is a two-bedroom flat with the whole property let via a single Assured Shorthold Tenancy Agreement (AST).

139 Richmond Road
Flat 1 is a three-bedroom flat, with the main bedroom benefiting from an en-suite bathroom.
All three bedrooms are currently let on separate Assured Shorthold Tenancy Agreements (ASTs).
Flat 2 is a two-bedroom flat with the whole property let via a single Assured Shorthold Tenancy Agreement (AST).

Combined Total Passing Rental Income £11,500 per calendar month / £138,000 per annum, which represents a Gross Yield of 6.57% at the Guide Price.

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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Richmond Road, Kingston Upon Thames, Surrey, KT2

Approximate location

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Extension potential
Recently sold & under offer
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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.

Affordability

Monthly repayments£10,531
Property: £ 2,100,000
Deposit: £ 210,000
Interest rate: 5.33%
Term: 30 years
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Disclaimer - Property reference 135-139RichmondRoad2. 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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