5 bedroom flat for sale

>

5 bedroom flat for sale

Surbiton Road, Surbiton, Surrey, KT1
£1,700,000

Our Summary

  • Dexters are delighted to introduce for sale the freehold of a fully let "turnkey" investment opportunity located in Kingston upon Thames, Greater London KT1
  • Fully let "turnkey" investment opportunity

Description

Dexters presents a fully let "turnkey" investment opportunity in Kingston upon Thames, Greater London KT1. The freehold property, converted in November 2024, features five luxury one-bedroom self-contained flats, all fully let on Assured Short hold Tenancy agreements, generating a gross income of £97,800 per annum and a gross yield of 5.75% pa at the guide price. The property is situated within 800 meters of Kingston town center, with its array of shops, restaurants, and department stores, as well as Kingston railway station, which provides direct trains to London Waterloo. The property is also close to Surbiton town center and its railway station, offering direct trains to London Waterloo. The river Thames is just 275 meters away. Each of the five flats is held on a 999-year lease starting from February 3, 2025, and the property will be sold with the tenants in situ.