£675,000

Block of flats for sale

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Sold STC

Guide price

£675,000

(£445.72/sq. ft)

Block of flats for sale

Cotford Road, Croydon, London CR7

1,514 sq. ft

Local area information

Property location

Nearby amenities

  • Thornton Heath 0.1 miles
  • Bensham Manor School (SEN) 0.2 miles
  • Whitehorse Manor Infant School 0.3 miles
  • Selhurst 0.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Thornton Heath, Selhurst and South Norwood to find out more about the local area.

Features and description

  • Freehold investment opportunity
  • Current combined annual income £52,500 gross
  • Representing an annual yield of 7.77%
  • Fully let
  • Comprising 3 self-contained flats
  • Refurbished in 2016
Dexters are delighted to present this turnkey residential freehold investment opportunity comprising of three self-contained flats (1nos. Studio apartment, 1nos. One-bedroom garden flat, 1nos. Two-bedroom, two-bathroom maisonette.

Located within 400 metres of Thornton Heath railway station with direct trains to London Victoria and London Bridge.

The three properties were refurbished in 2016 and will be sold with the tenants in situ.

A Certificate of Lawful Use of Development was granted by Croydon Council of the 6th of July 2022 confirming that the "three units are lawful under the provisions of Section 171B of the 1990 Town and Country Planning Act (as amended)."

Tenure
Freehold hm Land Registry Title Number SGL747066

Energy Performance Rating
Flat 1: Energy Rating C
Flat 2: Energy Rating C
Flat 3: Energy Rating D

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

Listed by

Dexters - Development and Investments London

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Property descriptions and related information displayed on this page are marketing materials provided by - Dexters - Development and Investments London. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Dexters - Development and Investments London for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. London
  4. Croydon (London Borough)
  5. Thornton Heath
  6. Cotford Road