£500,000

Block of flats for sale

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  2. Property photo 2 of 9.
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Just added

£500,000

(£286.04/sq. ft)

Block of flats for sale

Crescent Road, Caterham CR3

1,748 sq. ft

Local area information

Property location

Nearby amenities

  • Caterham 0.2 miles
  • Essendene Lodge School 0.7 miles
  • St John's CofE Aided Primary School 0.7 miles
  • Woldingham 1.1 miles

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

Read our area guide for Caterham to find out more about the local area.

Features and description

Freehold residential investment
Prime town centre location close to Railway Station
Two large self-contained 2-bed flats
Flats in good, modernised condition.
Flats producing £38,400 per annum
Freehold price £500,000 (subject to contract)
Allocated parking to front

Location

The premises occupy an excellent location within the centre of Caterham Valley which has a wide selection of shops, restaurants and other local amenities. Waitrose, Morrisons and Lidl are all within easy walking distance.

Caterham benefits from good road and rail connections with Junction 6 of the M25 close-by at Godstone. Caterham Mainline Railway Station is 130m to the West providing regular services to Croydon and London.

Description

An attractive, town centre detached freehold residential investment with parking.

The 2 flats are fully self-contained each with a separate entrance from Crescent Road. These spacious flats have been refurbished to a good standard, and each comprises an entrance hall, open plan living and kitchen area, two double bedrooms and a bathroom, with separate bath and shower.

The flats benefit from modern bathroom and kitchen fittings, gas fired central heating and double glazing.

Each flat comes with two allocated parking spaces to the front.

Epc

Flat 1 C (80)
Flat 2 B (81)

Tenure

Freehold.

Council Tax

Both flats are within Council Tax band C. For further information in this regard please contact Tandridge District Council.

Sale Price

We are instructed to seek £500,000 for the freehold, subject to contract. Gross Initial Yield 7.2%.

Legal Costs

Each party is to pay their own costs.

More information

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  1. Zoopla
  2. Commercial for sale
  3. Surrey
  4. Caterham
  5. Crescent Road