Foley Court, 61 Outram Road, Croydon, CR0 6XG
£365.99 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,817 sq ft
169 sq m
- SECTOR
Residential development for sale
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
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%.
Brochures
Foley Court, 61 Outram Road, Croydon, CR0 6XG
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Sandilands Tram Stop0.2 miles
- Addiscombe Tram Stop0.2 miles
- Lebanon Road Tram Stop0.4 miles
Notes
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