Cribs Estates Proudly presents this investment opportunity to buy 2 flats ( 1 and 2 bed room ) on 999 Years long lease for income-generating portfolio along with Existing AST/ tenants which means incoming wil be coming from day one.Situated within the London Borough of Merton, the property is well located on Merton high Street few steps away from South Wimbledon underground station. It is home to a number of restaurants and convenience stores including Burger king, KFC, big Sainsburys and 24 hours Tesco fuel pump.This Property has one & two bedroom flats. We have existing AST tenants with high rent who has been there for more than 2 years.Key featuresInvestment opportunityIncome GeneratingShops and amenities nearbySouth Wimbledon Underground is at doorstepsWimbledon Overground train station is on 5 minutes on busPotential to purchase additional unitsOffered Brand New 999 year leaseFlat-AAnnual Rent: £18,000Flat-BAnnual Rent: £21600
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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