Block of apartments for sale

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Block of apartments for sale

Merton High Street, London, SW19
£875,000

Our Summary

  • · Freehold Investment opportunity
  • · Potential to purchase additional units
  • Cribs Estates Proudly presents this investment opportunity for income-generating portfolio along with Existing AST/Lease tenants which means incoming will be coming from day first

Description

This is a freehold investment opportunity in the London Borough of Merton, featuring two flats and two cafes on the ground floor, along with parking and an advertisement panel. The property is income-generating, with existing AST/Lease tenants in place, and generates a total rent of around £70,000 per annum. The flats have an annual rent of £10,800 and £21,600, while the cafes have an annual rent of £10,200 each. There are also two parking spaces rented for £1,800 per annum, and an advertisement panel rented for £10,000 per annum. The overall EPC rating of the property is E.