>
1 bedroom flat for sale
Flat 2, 304 High Street, Dorking, Surrey, RH4 1QX
£95,000
Flat 2, 304 High Street, Dorking, Surrey, RH4 1QX
£95,000
Our Summary
- Guide Price = £95,000+ **For Sale By Public Auction 6th August 2025 10:00 AM To inspect the legal documents for this property go to our website to download the legal pack** A Second Floor One Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £14,340 Per Annum (Reflecting a Gross Initial Yield of 15%) Tenure Leasehold
Description
This second-floor one-bedroom flat is being sold by public auction on August 6th, 2025, and is subject to an Assured Shorthold Tenancy producing £14,340 per annum. The property is leasehold, with approximately 89 years unexpired on the lease, and is located on a residential road near local shops and amenities. The flat comprises a reception room with open-plan kitchen, bedroom, and bathroom, and has an EPC rating of C. The current tenant will occupy the property from July 10th, 2025, for a term of two years at a rent of £1,195 per month. The property offers a gross initial yield of 15%, making it an attractive investment opportunity.