3 bedroom block of apartments for sale

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3 bedroom block of apartments for sale

Clay Corner, Chertsey, Surrey, KT16
£400,000

Our Summary

  • Available to the market chain free we have this fantastic investment opportunity to purchase two apartments, which are currently let at £27,000 per annum - giving an excellent return on investment of 6

Description

This fantastic investment opportunity presents two apartments, currently let for £27,000 per annum, generating a 6.75% return on investment. The first-floor apartment features a well-proportioned open-plan living room/kitchen, a double bedroom, and a modern en-suite shower room, let for £900 per month. The second-floor apartment boasts two bedrooms, a spacious kitchen/diner with a large bay window, a high-standard three-piece bathroom, and a converted loft space with exposed brickwork and velux windows, let for £1,350 per month. The properties benefit from gas central heating, double-glazed windows, and communal parking nearby. Chertsey Railway Station and Junction 11 on the M25 are also within walking distance. The lease has approximately 120 years remaining, with a ground rent of £200 per annum, no service charge, and buildings insurance of £550 per annum.
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