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4 bed maisonette for sale

£340,000

Brigstock Road, Thornton Heath, Surrey, CR7 7JD

Bedrooms4TypeMaisonetteRent pcm2200FurnishedFurnished
TenureShared FreeholdGround rent£0Service charge£350
Tenanted/VacantTenantedAST details No
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I am selling my 4 bedroom ground floor maisonette flat with 4 x tenants in situ. Over the years I have spent money maintaining the property, new bathroom and kitchen, new boiler etc.

The property does not need HMO licensing, making it less hassle to run. Tenants pay bills and rent, I pay council tax, the yield is around 7.3% with potential to increase to 8%-9% after some small works.

The rooms currently ;

Bedroom 1 - Bright double bedroom, which large bay windows facing front garden

Bedroom 2- Huge bright double bedroom with outside walk-on balcony facing rear of garden.

Bedroom 3- Huge bedroom XL size with window facing rear of garden

Bedroom 4- Huge basement studio covering length of property with window facing rear garden. Huge potential to self contained flat with ensuite.

My reason for sale is that I have decided to concentrate on other things and now I am looking for a quick sale with tenants inside. This will give someone an income of @£2200pm as it is close to the station, park and other amenities. The property has front and rear garden, free parking on street, and the flat is share of freehold.

I am looking for a quick sale and open to cash offers.


Contact the Landlord / Seller about this property



Gross yield calculator

£
£
=
7.76%

Stamp duty calculator

£
 5%  Up to to £250,00012,500 10%  £250,001 to £925,0009,000 15%  £925,001 to £1.5 million0 17%  Over £1.5 million0
=
£21,500

Nearest stations

Thornton Heath 0.5 milesSelhurst 1 milesWest Croydon 1.2 milesNorbury 1.3 milesEast Croydon 1.5 milesDistances are straight line measurements