£700,000

Block of flats for sale

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Just added

Guide price

£700,000

(£433.97/sq. ft)

Block of flats for sale

Red Lion Road, Tolworth KT6

1,613 sq. ft

Local area information

Property location

Nearby amenities

  • Tolworth Junior School 0.2 miles
  • Tolworth Infant and Nursery School 0.2 miles
  • Tolworth 0.5 miles
  • Surbiton 1.1 miles

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

Read our area guides for Kingston Upon Thames and Surbiton to find out more about the local area.

Features and description

An opportunity to acquire an income producing residential investment comprising 4 self-contained flats.

The property is located 0.7 miles from Tolworth Station, which offers direct access to London Waterloo in 28 minutes.

Arranged as 3 x 1 beds and 1 x 2 bed.

Measuring 1,613 sq ft NIA.

The property is fully let producing a rent of £61,200 per annum.

Being sold at a significant discount to the breakup value.

Potential to increase the massing by adding an additional floor, subject to obtaining the necessary consents.

4 parking spaces: 2 at the front of the property and 2 at the rear.

Freehold.

Guide Price - £700,000 + (Seven Hundred Thousand Pounds) subject to contract, which reflects a Gross Yield of 9.00% and a low capital value of £434 psf based off the NIA.

Floor plans and tours

Floor plans (1)

1 floor plan available

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

Tours (2)

2 virtual tours available

Step inside the property with a virtual tour or video walkthrough.

More information

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