FANTASTIC INVESTMENT OPPORTUNITY CURRENTLY GENERATING APPROX. £114,543.96 PER ANNUM. An imposing four-storey semi-detached Victorian property comprising six self-contained apartments and one studio apartment, with scope for extension (STPP and the usual consents). The property is ideally situated close to the shopping and leisure amenities of both Raynes Park and Wimbledon, with all apartments currently tenanted, generating an annual rental income of £114,543.96. Conveniently located near the junction of Worple Road and Lower Downs Road, the property benefits from easy access to a wide range of retail options in Raynes Park and Wimbledon. Nearby green spaces such as Dundonald Park and Wimbledon Common also offer excellent recreational opportunities with fantastic commuter links at both Raynes Park (South West Mainline) and Wimbledon (Overground, Thameslink, District Line, Tram) being within a short distance.
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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