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2 bedroom maisonette for sale
Crawshaw Road, KT16
£260,000
Crawshaw Road, KT16
£260,000
Our Summary
- Buy-To-Let Investment Opportunity
Description
This two-bedroom semi-detached maisonette is a leasehold property with approximately 586 square feet of living space. The property has a 199-year lease remaining from 1987, with a ground rent of £90 per annum and a service charge of £840 per annum. The property is currently let to tenants on a rolling contract at a rent of £1,400 per month, generating an annual rental income of £16,800. The asking price is £260,000, resulting in a gross yield of 6.46% and a net income of £15,870 after deducting ground rent and service charge. The adjusted yield is 6.10%, making it an attractive investment opportunity for those seeking a strong yield, low ongoing charges, and a long lease in a location with proven capital growth.