4 bedroom block of apartments for sale
Key information
Property description & features
- Tenure: Freehold
The portfolio comprises of 4 x 1 bed units currently producing a total income of £43,800 per annum. There is the potential to acquire the fifth unit (2 bed) within 130 – 132 Portland Road.
A full breakdown of rent per unit is available on request.
The opportunity has potential for development subject to the relevant consents following positive feedback from the local authority.
There is potential for further development including a plot adjacent to the site. Further enquiries on this are to be made separately.
Location
The site is located in the London Borough of Croydon. Being 0.6 miles from Norwood Junction Station the site has excellent transport into Central London with direct access to London Bridge Station within 13 minutes.
Norwood Junction is also situated on the London Overground Line providing excellent local transport links.
Price
Offers are invited in excess of £900,000.
Property information from this agent
Places of interest
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Property reference 33474700. 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 Pedder - Peckham.
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Broadband availability and predicted speed: obtained from Ofcom on March 21, 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
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Mobile phone signal availability and predicted strength: obtained from Ofcom on March 21, 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
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