Foley Court, 61 Outram Road, Croydon, CR0 6XG

Offer in excess of

£665,000

Size

1,817

Tenure

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EPC

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Parking

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Primary use
Residential development

No floor / site plan

Key features

  • Unbroken Freehold Residential Investment
  • Modern development of 3 self-contained flats (2 x 2-bed and 1 x 1-bed)
  • Fully let on assured periodic tenancies producing a gross rental income of £49,931 per annum
  • Estimated Rental Value (ERV): £51,600 per annum
  • Site area extends to approximately 0.041 hectares (0.101 acres)
  • Located on Outram Road in Croydon, approximately 15 minutes' walk from East Croydon Station.
  • Offers are invited in excess of £665,000 for the freehold interest subject to the existing tenancies. A purchase at this reflects a gross yield of 7.50%.

Description

Unbroken Freehold Residential Investment

Modern development of 3 self-contained flats (2 x 2-bed and 1 x 1-bed)

Fully let on assured periodic tenancies producing a gross rental income of £49,931 per annum

Estimated Rental Value (ERV): £51,600 per annum

Site area extends to approximately 0.041 hectares (0.101 acres)

Located on Outram Road in Croydon, approximately 15 minutes' walk from East Croydon Station.

Offers are invited in excess of £665,000 for the freehold interest subject to the existing tenancies. A purchase at this reflects a gross yield of 7.50%.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

Foley Court, 61 Outram Road, Croydon, CR0 6XG

NEAREST STATIONS

London Tram

Sandilands Tram Stop

0.18 miles

London Tram

Addiscombe Tram Stop

0.23 miles

London Tram

Lebanon Road Tram Stop

0.42 miles

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Disclaimer - Property reference 19783FH. 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 SHW, 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.