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6 bedroom flat for sale
Grove Road, Sutton, Surrey, SM1
£1,050,000
Grove Road, Sutton, Surrey, SM1
£1,050,000
Our Summary
- Long-Term Growth: As an area benefiting from regeneration and ongoing development, Grove Road continues to see rising property values and rental income potential
- Based on current market conditions, this one-bedroom apartment has the potential to generate an estimated rental income of £4800 per month, delivering a healthy gross rental yield
Description
This is a rare opportunity to acquire a newly built, three-unit flat in Sutton, a sought-after location with high rental demand. Each of the one-bedroom apartments, with a total internal area of 721 sq ft, features a large master bedroom, a single bedroom that can be used as a home office, an open-plan lounge, modern bathroom, and kitchen. The property benefits from underfloor heating and a communal garden. With a prime location just 0.5 miles from Sutton National Rail Station, providing easy access to central London, and near 19 excellent schools, this property has strong potential for long-term growth and appreciation. The current market conditions suggest an estimated rental income of £4800 per month, delivering a healthy gross rental yield. With the added advantage of long-term capital growth, this property is a solid investment choice.