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29 bedroom detached house for sale
Fassett Road, Surbiton, Surrey, KT1
£2,850,000
Fassett Road, Surbiton, Surrey, KT1
£2,850,000
Our Summary
- Dexters are delighted to introduce a fully let "turnkey" investment opportunity located in Kingston Upon Thames
- Turnkey Investment Opportunity
Description
Dexters presents a fully let "turnkey" investment opportunity in Kingston Upon Thames, a detached period building converted into student accommodation featuring 7 flats with 27 rooms, including 8 en-suite bathrooms and 2 studios. The property generates a gross income of £229,500 per annum, representing a gross yield of 8.052% at the guide price. With a net internal area of 5,816 square feet, the discounted capital value is £490 per square foot. Additionally, the property offers private off-street parking for around 7 cars, making it an attractive investment opportunity for those seeking a hands-free, income-generating property.