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2 bed Flat in 914a London Road , Thornton Heath, CR7 7PE £250,000

Available

Description

Property Ref: 14355
For viewing arrangement, please use 99home online viewing system.

Property ref: 14355

Located at London Road, CR7, this well-proportioned two-bedroom apartment presents an excellent investment opportunity with established long-term tenants. Situated on the first floor of a vibrant town setting, the property benefits from superb transport links, with a bus stop just a minute's walk away. Norbiton and Thornton Heath stations are also conveniently accessible via a short bus ride or within a 15-minute walk.

Internally, the flat boasts generously sized rooms throughout. The reception room, two double bedrooms, and kitchen are all notably large and spacious, offering comfortable living areas. A long, level hallway provides easy access to all rooms within the apartment. The reception room, hallway, and kitchen feature practical and easy-to-maintain laminated flooring.

Currently let on an Assured Shorthold Tenancy (AST) to reliable tenants who have resided at the property for 15 years, this investment offers immediate rental income. The current rent is £1400, however, a market rent of £1700 per month is considered achievable, presenting the potential for increased yield.

This property is ideal for investors seeking a stable income stream with tenants in situ and the potential for future rental growth in a well-connected location. Don't miss this opportunity to acquire a substantial apartment with a proven rental history.

  • 2 Bedroom(s)
  • 1 Bathroom(s)
  • 1 Living Room(s)

Address: 914a London Road , Thornton Heath, CR7 7PE.

Guide Price: £250,000

For more details and to book an appointment,  Call our dedicated sales team now.

Disclaimer : 99home.co.uk is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate

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Property Location

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Key Features


Property Details

Property Type: Flat

Property Tenure: Leasehold

Council Tax Band: C

Bedroom(s): 2

Bathroom(s): 1

Living Room(s): 1

Address: 914a London Road , Thornton Heath, CR7 7PE

Lease Hold property options

Remaining Lease in years: 114

Yearly Ground rent cost: 0.00

Yearly management cost: 100.00

Status Available

Features

Low service charges

no ground rent

already rented

tenants for the last 15 years

a new tenancy available with a higher rental

Parking

N/A

Outside Space

N/A

Heating

Gas Central Heating


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