129 Addington Road, South Croydon, Surrey
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- SIZE
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- SECTOR
Mixed use property for sale
Key features
- Freehold mixed-use building for sale
- 2 flats & 2 commercial units
- Under-let producing £35,070pa
- ERV £43,800pa (8.34% yield)
- Located on popular retail parade in Selsdon
- Guide price: £525,000 F/H
Description
The property is currently producing £35,070. The flats are underlet with market rents for one bed flats locally closer to £14,400pa. Therefore, the collective ERV is in the region of £43,400pa. This property will likely appeal to investors considering the day one income and the rare opportunity to acquire a freehold on this parade.
Brochures
129 Addington Road, South Croydon, Surrey
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Coombe Lane Tram Stop1.1 miles
- Gravel Hill Tram Stop1.1 miles
- Sanderstead Station1.4 miles
Notes
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