6 bedroom apartment for sale

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6 bedroom apartment for sale

5 South Terrace, Surbiton, Surrey, KT6
£955,000

Our Summary

  • Development Opportunity
  • Requires Modernisation

Description

This property comprises four apartments located in Surbiton, Surrey, including a studio flat, a one-bedroom flat, and two three-bedroom maisonettes. The studio flats, 5A and 5B, are in shell condition and have 307 and 338 square feet of living space, respectively, with 90 years remaining on their 125-year leases. The ground rent for these flats is £100 per annum until 2055, then increasing to £250 per annum. The one-bedroom flat on the ground floor has 503 square feet of living space and a 999-year lease, with a peppercorn ground rent. The three-bedroom maisonettes on the first and upper floors have 937 square feet of living space and also have a 999-year lease with a peppercorn ground rent. All properties have their own section of rear garden and are currently vacant.