Guide price
£1,950,000
(£464/sq. ft)
10 bed flat for saleCollege Road, Woking GU22
10 beds
6 baths
6 receptions
4,200 sq. ft
- Leasehold
Rivendell Estates
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About this property
EPC Flat 1 - C80
EPC Flat 2 - B81
EPC Flat 3 - B82
EPC Flat 4 - B82
EPC Flat 5 - B81
EPC Flat 6 - B81
Investment Opportunity: Prime Freehold Residential Block – 24 College Road, Woking, GU22 8BU
We are pleased to present a rare opportunity to acquire the freehold interest of a well-maintained block of six residential apartments, located in a prime position in Woking. This investment offers a fully tenanted, income-generating asset (gross yield of 5.25%), in a highly sought-after commuter location, situated just a 10-minute walk from Woking’s mainline train station and town centre.
The Property
The development comprises a purpose-built block of six self-contained apartments, currently held under Assured Shorthold Tenancies (ASTs), offering immediate rental income for the incoming investor.
Accommodation Breakdown:
•Ground Floor: 2 x spacious one-bedroom apartments.
•First Floor: 2 x two-bedroom apartments.
•Top Floor: 2 x two-bedroom apartments.
Key Features:
•Freehold Interest: The sale includes the freehold interest of the entire building.
•Excellent Connectivity: Located within a 10-minute walk of Woking Train Station, providing fast and efficient links to London Waterloo and the wider South East-a significant draw for professional tenants.
•Proximity to Amenities: Situated within easy reach of Woking’s vibrant town centre, offering extensive retail, dining, and leisure facilities.
•Parking Provision: The property benefits from dedicated parking at both the front and the rear, a significant asset for residents in this area.
•Investment Potential: A robust, established rental asset suitable for investors seeking a stabilized income stream with strong demand for high-quality rental accommodation in the Surrey area.
Viewing and Further Information
This is an excellent addition to any property portfolio. For full details regarding current rental yields, tenancy schedules, and to arrange a formal viewing of the development, please contact the agent.
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Tenure
Leasehold (988 years)
Service charge
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Ground rent
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