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Godstone Road, Whyteleafe CR3

52-54 Godstone Road, Whyteleafe CR3 0EA NEWLY DEVELOPED BLOCK OF FLATS WITHIN THE M25
For sale
  • A high street location within Whyteleafe and only 0.3 miles from the Station which offers trains to both London Bridge and Victoria in approximately 40 minutes.
  • Newly developed with practical completion expected in the next couple of weeks.
  • The building benefits from a 10 year new build ICW warranty.
  • Comprises 8 flats – 6 x studios and 2 x 1 bed – all completed to a high specification.
  • Total NIA – 2,621 sq ft.
  • Estimated rental value in the region of £85,000pa.
  • LHA rates suggest an ERV of £83,616pa (£201.37/week).
  • Estimated break up value in the region £1,800,000.
  • Freehold.
  • Price - £1,400,000 (One Million, Four Hundred Thousand Pounds) which equates to a gross yield on the predicted income of 6%, a low capital value of £534/ sq ft and a discount to estimated break up value of 22%.
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