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Freehold Investment Property

Price:
Freehold - £1,700,000
Turnover:
Register to view
Seller Ref:
CL001075
Location:

London, SW London, Merton

Business Type:

Commercial Property

See Other:
Investment properties for sale in London
Commercial property for sale in London
Description:
THE BUSINESS:
Great opportunity to purchase a Freehold site in good class area of SW London, close to Underground station, comprising 8 rented apartments above.


Upper parts comprise 2 Two bedroom flats with patio terrace and 6 one bedroom flats (2 with terrace).

Newly built 2 years ago to high standard. All rented on AST with a rental income of £85,000 pa.
Location Details:
High Street location in good class area of SW London close to Underground Station. Popular district with easy access to Central London
Accommodation:
One bedroom flats: One double bedroom, open plan kitchen and Lounge. New kitchen units in colour Beige, Wood Flooring, Gas Central Heating and Spot Lighting. 3 flats have half tiled bathrooms with bath/wc and three have bathrooms with shower/wc. Where there is a terrace accessed via double doors. Each apartment has separate utilities. Area approx. 36 sq.m. Two bedroom flat: Two bedrooms, one small room, open plan Kitchen/Lounge, Bathroom/wc. New kitchen units in colour Beige, Wood Flooring, Gas Central Heating and Sport Lighting. Terrace accessed via double doors. Separate utilities. Area approx. 45 sq.m. Two bedroom flat: Two bedrooms, open plan Kitchen/Lounge, Bathroom/wc. New kitchen units in colour Beige, Wood Flooring, Gas Central Heating and Sport Lighting. Terrace accessed via double doors. Separate utilities. Area approx. 41 sq.m. Communal Areas: Hallways carpeted with spot lighting. Entry system speakerphone to each apartment.
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