Flats 1 & 2 James House
1a Crescent Road
Caterham
CR3 6LE
FREEHOLD RESIDENTIAL INVESTMENT
1748 sq ft
Residential Investment
£500,000 F/H
Key Features
- Freehold residential investment
- Prime town centre location close to Railway Station
- Two large self-contained 2-bed flats
- Flats in good, modernised condition.
- Flats producing £38,400 per annum
- Freehold price £500,000 (subject to contract)
- Allocated parking to front
Description
An attractive, town centre detached freehold residential investment with parking.
The 2 flats are fully self-contained each with a separate entrance from Crescent Road. These spacious flats have been refurbished to a good standard, and each comprises an entrance hall, open plan living and kitchen area, two double bedrooms and a bathroom, with separate bath and shower.
The flats benefit from modern bathroom and kitchen fittings, gas fired central heating and double glazing.
Each flat comes with two allocated parking spaces to the front.
Location
The premises occupy an excellent location within the centre of Caterham Valley which has a wide selection of shops, restaurants and other local amenities. Waitrose, Morrisons and Lidl are all within easy walking distance.
Caterham benefits from good road and rail connections with Junction 6 of the M25 close-by at Godstone. Caterham Mainline Railway Station is 130m to the West providing regular services to Croydon and London.
Terms
We are instructed to seek £500,000 for the freehold, subject to contract. Gross Initial Yield 7.2%.
EPC
Both flats are within Council Tax band C.
For further information in this regard please contact Tandridge District Council.
Viewing
For further information or to view please contact:
Joe Yorke BSc Hons Tel: 01737 222835
Email: joe@raynerscommercial.com
Chris Richards MRICS Tel: 01737 222835
Email: chris@raynerscommercial.com