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Sunny Bank, South Norwood, Croydon, London

Description

Income Producing Investment

Freehold income producing investment for sale

An attractive income-producing period conversion comprising four self-contained flats, positioned within a well-established residential location in South Norwood. The property offers investors an opportunity to acquire a multi-unit asset with future asset management potential.

Arranged over multiple floors from lower ground to second floor within a characterful period building, the accommodation consists of four residential units providing a mix of well proportioned living spaces.

Located within easy reach of local amenities, shops, transport links and green open spaces, the property is well placed for continued tenant demand. South Norwood benefits from excellent connectivity into Central London via nearby rail services, making the area popular with commuters and long-term renters alike.

The asset may appeal to private investors, portfolio landlords and companies seeking a stable, income-generating residential investment with potential for future rental growth and value enhancement, subject to any necessary consents.

Total Income - The overall income is believed to be £56,8250 per annum exclusive.

Tenure - The property is offered freehold

Use / Planning - C3 Dwelling Houses - Interested parties should make enquiries of the local authority prior to offer

Brochures

Sales 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.
Band: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Ask agent
GARDENA property has access to an outdoor space, which could be private or shared.
Back garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
1st floor

Energy performance certificate - ask agent

Sunny Bank, South Norwood, Croydon, London

Approximate location

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Affordability

Monthly repayments£3,761
Property: £ 750,000
Deposit: £ 75,000
Interest rate: 5.33%
Term: 30 years
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Extension potential
Recently sold & under offer
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About HNF Property, Croydon

36 Sydenham Road, Croydon, CR0 2EF

We are specialists in property marketing across traditional media, digital media and social networks and employ all modern techniques, high quality photography, drone footage, 360 tours and individual storey telling details to show each property in the best light.

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Disclaimer - Property reference 59Sunnybank. 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 HNF Property, Croydon. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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