This property has been taken off the market.

4 Bed Property House For Sale Godstone Road, Kenley, CR8

£600,000- Property

1 of 10
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Last Updated: 28th April 2024

Description

Freehold Investment Sale - Fully let at £47,232 P/A - Representing an 7.8% Return. Potential to increase rents in the near future. \r
(Photos included are of the basement flat).\r
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Ground Floor - Commercial shop let to the existing tenant for 15 years - Current rent £12,000 P/A - Next rent review Sept 2024 - EPC rating C.\r
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First & Second Floor - Pavement access split level three bedroom maisonette with own front door, bathroom, separate WC, kitchen diner and reception room - average condition - Currently let at £1,511 PCM - EPC rating C - Council tax band B.\r
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Lower Ground Basement Flat - Rear access via own door - Refurbished one bedroom with separate kitchen, bathroom and reception room - Currently let at £1,425 PCM - EPC rating C - Council tax band A.\r
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Hardstanding parking for 2 - 4 cars to the rear. \r
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Transportation: From Kenley Station which is just a short 3 minute walk you can take your pick from Victoria or London Bridge as destinations – all around 35 minutes’ travel time. Road links are excellent too, with the A23 a matter of minutes away, providing fast, easy access to London, the South Coast and the M25.
Agent Details
Frost Estate Agents
1, Purley Road, Purley, CR8 2HA
Show Contact Number
020 8660 8228

Investment Analysis

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Calculators

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This is the potential achievable yield.
Potential Return-on-Cash Invested