BUY TO LET INVESTMENT
A very well presented first floor studio apartment presently achieving a rental income of £9000 per annum on an Assured Shorthold Tenancy and being offered for sale with the tenant remaining.
The property is located in central Coulsdon with both stations, shops and bus routes all within walking distance. The accommodation comprises 18’6 x 10’7 studio room, fitted kitchen with white gloss units, a walk in wardrobe area and well appointed shower room. There is double glazing and electric heating throughout. The property also comes with one allocated parking space.
Lease 125 years from June 1985
Service Charge £1000 per annum
We have obtained a quote to extend the lease by a additional 90 years and the total cost is around £10,000