Block of apartments for sale
Key information
Property description & features
- Tenure: Freehold
- Fridge Freezer
- Full Double Glazing
- Oven/Hob
- Gas Central Heating Combi Boiler
Key features
· Freehold Investment opportunity
· Income Generating
· Shops and amenities nearby
· South Wimbledon Underground is at doorsteps
· Wimbledon Overground train station is on 10 minutes on bus
· Potential to purchase additional units
. FREEHOLD FOR SALE
Property Description:
Cribs Estates Proudly presents this investment opportunity for income-generating portfolio along with Existing AST/Lease tenants which means incoming will be coming from day first.
Situated within the London Borough of Merton, the property is well located on Merton high Street with few steps away from Colliers’s wood underground station. It is home to a number of restaurants and convenience stores including Burger king, KFC and big Sainsburys and 24 hours Tesco fuel pump.
This Property has 2 flats (1 bedroom and 2 bedroom) and 2 Cafe on ground floor. We have existing AST tenants with high rent who has been there for more than 2 years. There is 2 parking space which is also rented on with £1800 PA.
Along with flat we have one advertisement panel rented on £12,000 PA.
Total Rent for this property (Incl. ground floor shops, parking, and advertisement panel) is around £70k Per Annum
The Overall EPC Rating is E.
Flat-1
Annual Rent: £10,800
Flat-2
Annual Rent: £21,600
Cafe
Annual Rent: £10,200
Cafe 2
Annual Rent: £10,200
2 Parking Spaces
Annual Rent: £1800
Advertisement Panel
Annual Rent: £10,000
Places of interest
See more properties like this:
*DISCLAIMER
Property reference cribs_364905465. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Cribs Estates - South Wimbledon.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 28, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 28, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.