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Land, in MERTON HIGH STREET, £525,000
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Flat

MERTON HIGH STREET, LONDON, SW19
£525,000
-12.5%

Price History

Initial price £600,000
May 30, 2024 £575,000
Jun 5, 2024 £675,000
Jan 31, 2025 £525,000
Price Change -12.5%

Our Summary

  • Cribs Estates Proudly presents this investment opportunity to buy 2 flats ( 1 and 2 bed room ) on 999 Years long lease for income-generating portfolio along with Existing AST/ tenants which means incoming wil be coming from day one
  • Investment opportunityIncome GeneratingShops and amenities nearbySouth Wimbledon Underground is at doorstepsWimbledon Overground train station is on 5 minutes on busPotential to purchase additional unitsOffered Brand New 999 year lease

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Description

Cribs Estates presents an investment opportunity to purchase two flats on a 999-year lease, generating income from day one with existing AST tenants. The property is located on Merton High Street, just steps away from South Wimbledon underground station, with nearby shops and amenities including Burger King, KFC, Sainsbury's, and a 24-hour Tesco fuel pump. The flats, comprising one and two bedrooms, have long-term tenants with high rent, offering a stable income stream.

The property also has potential for additional unit purchases and comes with a brand new 999-year lease, making it an attractive investment opportunity.