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Thornton Heath

£1,700,000 Guide Price
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  • Ref: 5426938
  • Type: Detached House
  • Availability: For Sale
  • Tenure: Freehold
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Property Features

  • FREEHOLD INVESTMENT OPPORTUNITY - 5 CONVERSION FLATS ALL CURRENTLY TENANTED ON AST AGREEMENTS
  • 2 TWO BED GROUND FLOOR FLATS WITH DIRECT GARDEN ACCESS
  • 2 GOOD SIZED ONE BED FIRST FLOOR FLATS
  • 1 FURTHER 2 BED FLAT ON THE TOP FLOOR
  • SETTELED TENANTS LOOKING TO CONTINUE IF POSSIBLE
  • CONVERTED TO A GOOD STANDARD IN 2009
  • ALL FLATS ARE WELL MAINTAINED AND ARE VERY POPULAR RELETS
  • ALL FLATS HAVE OFF ROAD PARKING
  • GAS RAD HEATING
  • DOUBLE GLAZED SASH WINDOWS

Property Summary

INVESTMENT OPPORTUNITY!!. NEW LANDLORD IS REQUIRED FOR 5 SUPERB CONVERTED FLATS SET IN THIS ATTRACTIVE DOUBLE FRONTED DETACHED VICTORIAN BUILDING, ALSO INCLUDED IN THE SALE IS A 1 BEDROOM DETACHED BUNGALOW, ALL BEING LET ON AST'S PRODUCING A TOTAL INCOME OF £68,700 PA



 This well presented detached Victorian Villa which was converted by the current owners in 2009 into 5 well maintained conversion flats.  The flats are all currently occupied by settled tenants on AST agreements and most of the tenants are looking to continue given the opportunity. The flats comprise of two 2 bedroom ground floor apartments with direct garden access, two good sized one bed first floor flats, and a further 2 bedroom flat on the top floor. All the flats benefit from gas rad heating, double glazed sash windows and allocated parking spaces. The bungalow was built 4 years ago to a high standard and benefits from: open plan Living room/ kitchen, double bedroom, fully tiled bathroom suite & GCH.



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