Property description
INVESTMENT OPPORTUNITY IN REDHILL= APPROX CURRENT YIELD 5.1% GROSS. THE PROPERTY CURRENTLY TENANTED ON AST. THE PROPERTY CURRENTLY ACHIEVES £625 RENTAL INCOME . FURTHER TENANCY DETAILS AVAILABLE ON REQUEST.
LEADERS IS PLEASED TO BRING TO THE MARKET THIS EXCELLENT STUDIO APARTMENT CLOSE TO THE CENTRE OF REDHILL TOWN AND STATION.
This perfectly formed studio apartment is currently tenanted and is only available to buy, exclusively to investors and landlords.
The property is in an excellent location and has a proven rental return
Lease is in Excess of 160 years
The property is located close to the station and has easy access to Redhill Town centre yet retains a lovely countryside feel as Redhill Common is close by and is perfect for outdoor pursuits.
Redhill town offers a wide range of shopping facilities including many high street names, as well as a library, Churches, Leisure center and Cinema. Redhill also offers excellent schools and colleges.
In addition there are Golf courses on the outer fringes of Redhill and there is an extensive bus service as well as excellent rail links to London, and for commuters by car there is excellent access to junction 8 of the M25.
Viewing is highly recommended for this gem of a property. Please call to arrange a viewing on 01737 765062
These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale. Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.
LEASE LENGTH 67 YEARS
GROUND RENT £75 PA
MAINTENANCE £550 PA
Property Info: