5 bed end terrace house for sale

91A Dorien Road, Raynes Park SW20

Freehold investment comprising three self-contained apartments, within a purpose-built block completed in 2021. Immediate gross income of £67,200 per annum, with modest reversion possible

Description

Unbroken residential investment opportunity

This modern, income-producing freehold block of three self-contained apartments was completed in 2021 and is situated in the well-regarded Apostles area of Raynes Park. The property combines strong existing income and conveniently positioned for Raynes Park and Wimbledon Chase stations, local amenities and fast connections into Central London.

2 x two bedroom & 1 x one bedroom units with EPC rating A & B

Location

Dorien Road lies in the popular Apostles area of Raynes Park, positioned between Raynes Park and Wimbledon Chase stations. The location is well placed for local shopping, cafés, supermarkets and everyday facilities around Raynes Park town centre, while Wimbledon is readily accessible for a broader retail, leisure and restaurant offer. Raynes Park station provides regular mainline services to London Waterloo in approximately 20 minutes, and the area also benefits from access to the A3

Income

Current rent is £67,200 with an erv of £70,200
Break up value estimated at £1,275,000

Terms

Guide Price £1,100,000

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