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Godstone Road, Kenley
£600,000
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- Exclusive To Frost Estate Agents
- INVESTMENT PURCHASE
- Two Flats & Shop - Currently Let at £47,232 per annum
- All with EPC rating C
- Ideal Long Term Investment
- 7.8% Return
Freehold Investment Sale - Fully let at £47,232 P/A - Representing an 7.8% Return. Potential to increase rents in the near future.
(Photos included are of the basement flat).
Ground Floor - Commercial shop let to the existing tenant for 15 years - Current rent £12,000 P/A - Next rent review Sept 2024 - EPC rating C.
First & Second Floor - Pavement access split level three bedroom maisonette with own front door, bathroom, separate WC, kitchen diner and reception room - average condition - Currently let at £1,511 PCM - EPC rating C - Council tax band B.
Lower Ground Basement Flat - Rear access via own door - Refurbished one bedroom with separate kitchen, bathroom and reception room - Currently let at £1,425 PCM - EPC rating C - Council tax band A.
Hardstanding parking for 2 - 4 cars to the rear.
Transportation: From Kenley Station which is just a short 3 minute walk you can take your pick from Victoria or London Bridge as destinations – all around 35 minutes’ travel time. Road links are excellent too, with the A23 a matter of minutes away, providing fast, easy access to London, the South Coast and the M25.
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Kenley CR8 5AA