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Investment for sale

Thorne Court, 73 Croham Road, South Croydon, Surrey, CR2 7HG
Contact Agent
Call Agent 020 8662 2700
Stiles Harold Williams South London
Marketed by
Stiles Harold Williams South London
Corinthian House, 17 Lansdowne Rd, London CR0 2BX, UK
Properties for sale Properties to let
Under Offer
Thorne Court, 73 Croham Road, South Croydon, Surrey, CR2 7HG
Thorne Court, 73 Croham Road, South Croydon, Surrey, CR2 7HG
Thorne Court, 73 Croham Road, South Croydon, Surrey, CR2 7HG
Thorne Court, 73 Croham Road, South Croydon, Surrey, CR2 7HG
Thorne Court, 73 Croham Road, South Croydon, Surrey, CR2 7HG
Thorne Court, 73 Croham Road, South Croydon, Surrey, CR2 7HG
Thorne Court, 73 Croham Road, South Croydon, Surrey, CR2 7HG
Thorne Court, 73 Croham Road, South Croydon, Surrey, CR2 7HG
Thorne Court, 73 Croham Road, South Croydon, Surrey, CR2 7HG
Thorne Court, 73 Croham Road, South Croydon, Surrey, CR2 7HG
1 of 10
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Offers in the Region of
£2,650,000
Thorne Court, 73 Croham Road, South Croydon, Surrey, CR2 7HG
Contact Agent Call Agent 020 8662 2700

Key features

  • Unbroken Freehold Residential Investment
  • Detached purpose-built block of 12 flats (11 x 2-bed and 1 x 1-bed)
  • Fully let on assured periodic tenancies producing a gross rental income of £200,806 per annum
  • Estimated Rental Value (ERV): £216,300 per annum
  • Site area extends to approximately 0.18 hectares (0.44 acres)
  • Sustainable commutable location with access to bus services to East Croydon and walking distance from South Croydon
  • 1.5 miles from Croydon town centre
  • Offers are invited in the excess of £2,650,000 for the freehold interest subject to the existing tenancies. A purchase at this level reflects a gross yield of 7.58%.

Description

Unbroken Freehold Residential Investment
Detached purpose-built block of 12 flats (11 x 2-bed and 1 x 1-bed)
Fully let on assured periodic tenancies producing a gross rental income of £200,806 per annum
Estimated Rental Value (ERV): £216,300 per annum
Site area extends to approximately 0.18 hectares (0.44 acres)
Sustainable commutable location with access to bus services to East Croydon and walking distance from South Croydon
1.5 miles from Croydon town centre
Offers are invited in the excess of £2,650,000 for the freehold interest subject to the existing tenancies. A purchase at this level reflects a gross yield of 7.58%.
Reference: 19782_sales
All commercial properties for sale in South-croydon
Stiles Harold Williams South London
Marketed by
Stiles Harold Williams South London
Corinthian House, 17 Lansdowne Rd, London CR0 2BX, UK
Properties for sale Properties to let

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