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Cromwell Road, London, TW11

PROPERTY TYPE

Block of Apartments

BEDROOMS

8

SIZE

3,901 sq ft

362 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
  • Fully let investment opportunity
  • 8 self-contained flats
  • Combined passing rent £143,220 pa
  • Potential to create 2x additional studios (STPP)
  • Close proximity to Teddington town centre

Description

Dexters are delighted to present for sale a fully let "turnkey" investment opportunity comprising of two freeholds houses located within the London Borough of Richmond upon Thames.

Both properties have been converted into four self-contained flats (1x studio, 2x one-beds & 1x two beds) creating a total of eight flats. Each property has the potential to create an additional studio flat within the loft areas subject to securing the necessary planning permission.

Combined Passing Rent £143,220 per annum, which represents a Gross Yield of 7.16% at the Guide Price.

Cromwell Road is conveniently located within 123 meters of Teddington Station, providing direct access to London Waterloo within 30 minutes.

Teddington High Street is within 401 meters offering a wide variety of shops, restaurants and cafes. Additionally, the stunning Bushy Park is within 312 meters, offering residents the opportunity to enjoy a tranquil stroll, cycle or picnic in one of London's most beautiful Royal Parks.

Tenure - Freehold HM Land Registry Title Numbers TGL517950 & TGL505411.

Note: The sellers will consider selling the properties either separately or as a single transaction for both.

Brochures

Brochure
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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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Cromwell Road, London, TW11

Approximate location

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Affordability

Monthly repayments£10,030
Property: £ 2,000,000
Deposit: £ 200,000
Interest rate: 5.33%
Term: 30 years
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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.

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Disclaimer - Property reference 1and3CromwellRoad2. 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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