Address:

Croydon Road
Greater London
UK
SM6 7NY

Description:

Mixed use investment unit for sale freehold for £310,000 comprising a ground floor shop, first floor 1-bedroom flat and a second floor studio flat. Access to both flats is via the rear. The property is located on the Croydon Road, Wallington, near to its crossroads with Manor Road.

The ground floor shop has A3 use and is let to a Kebab shop for £8,500 per annum.

The first floor rear 1-bedroom flat is let on an AST for £600pcm (£7,200pa).

The second studio flat is let on an AST for £500pcm (£6,000pa).

Total rental income from the building is £21,700 per annum, producing a 7% yield on the asking price. All enquiries welcome.

Contact:

Richard Collumbell
richard@csj.eu.com
020-8296-1273