Back to current instructions
- An unbroken residential investment opportunity situated on one of Crystal Palace’s premier roads.
- Located 0.4 miles away from Crystal Palace train station (Overground and Southern Railway).
- The buildings comprise 12 self-contained apartments, consisting of 4 x 2 bedroom apartments & 8 x 1 bedroom apartments.
- NIA – 6,733 sq ft.
- Two of the apartments are occupied by regulated tenants, one apartment is vacant and the remainder are let on Assured Shorthold Tenancies (AST’s).
- The building is currently producing an annual rent roll of £144,900 per annum.
- On the assumption all apartments are let on AST’s, the Estimated Rental Value (ERV) is believed to be in the region of £184,000 per annum.
- There is a car park located to the rear of the property which offers redevelopment potential subject to obtaining the necessary consents. Further information is available upon request.
- Freehold.
- Guide price £3,750,000 Subject to Contract which reflects a low capital value of £557 psf.
