29 bedroom detached house for sale

>

29 bedroom detached house for sale

Fassett Road, Surbiton, Surrey, KT1
£2,750,000

Our Summary

  • Dexters are delighted to introduce a fully let "turnkey" investment opportunity located in Kingston Upon Thames
  • Turnkey Investment Opportunity

Description

Dexters is pleased to present a fully let, turnkey investment opportunity in Kingston Upon Thames. The detached period building has been converted into student accommodation, comprising 7 flats with 27 rooms, including 8 en-suite bathrooms and 2 studios. Currently generating a gross income of £229,500 per annum, representing a gross yield of 8.35% per annum at the guide price, this property offers a strong income stream. With a net internal area of approximately 5,816 square feet, the property's discounted capital value works out to £490 per square foot. Additionally, the property features private off-street parking for around 7 cars, making it an attractive investment opportunity for those seeking a reliable and lucrative return.