£2,850,000

Block of flats for sale

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Just added

Guide price

£2,850,000

(£489.96/sq. ft)

Block of flats for sale

Fassett Road, Kingston Upon Thames KT1

5,817 sq. ft

Local area information

Property location

Nearby amenities

  • St John's C of E Primary School 0.1 miles
  • Bedelsford School 0.2 miles
  • Kingston Town End Pier 0.3 miles
  • Kingston 0.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Surbiton to find out more about the local area.

Features and description

  • Turnkey Investment Opportunity
  • Student Accomodation
  • Gross Income of £229,500 Per Annum
  • Gross Yield 8.052% Per Annum
  • Unbroken Freehold Sale
  • Kingston Upon Thames, Greater London
This detached period building has been converted into student accommodation featuring 7nos. Flats which contain 27nos. Rooms, of which 8nos. Rooms include en-suite bathrooms and 2nos. Studios.

Currently generating a Gross Income of £229,500 per annum, representing a Gross Yield of 8.052% per annum at the Guide Price.

The net internal area is estimated at 5,816 square feet which represents a discounted capital value of £490 per square foot.

The property further benefits from private off-street parking for circa 7nos. Cars.

Income

The building is currently generating of £229,500 per annum. The rents paid by tenants includes utilities.

There is potential to improve this income through either refurbishment or repositioning the asset to a different model such as serviced accommodation.

Located with the Royal Borough of Kingston Upon Thames, Fassett Road is a quiet residential street positioned between Kingston Upon Thames and Surbiton. The area is popular with students and young professionals given its proximity to Kingston University, St Mary's University, Kingston Hospital and Kingston town centre.

Floor plans and tours

Floor plans (1)

1 floor plan available

View the floor plan to understand the space and layout of this property.

More information

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Listed by

Dexters - Development and Investments London

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Property descriptions and related information displayed on this page are marketing materials provided by - Dexters - Development and Investments London. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Dexters - Development and Investments London for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. London
  4. Kingston upon Thames (Royal Borough)
  5. Kingston upon Thames
  6. Fassett Road