Michele House
12 Timber Lane
Caterham
CR3 6LZ
FREEHOLD RESIDENTIAL INVESTMENT
778 sq ft
Residential Investment
£260,000 F/H
Key Features
Freehold residential investment
Prime town centre location close to Railway Station
Semi-detached house
Good modernised condition.
Let on one tenancy at £15,600 per annum
Freehold price £260,000 (subject to contract)
Description
An attractive, town centre, semi-detached freehold residential investment.
The property comprises an entrance hall, kitchen and open plan living and dining area on the ground floor. The first floor comprises a large double bedroom with built in cupboards and a bathroom. The property benefits from a rear paved garden with access from the living room via patio doors. The entrance is from Timber Lane which is accessed from Timber Hill Road.
The property benefits from modern kitchen fittings, gas fired central heating, timber flooring on the ground floor and double glazing.
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 180m providing regular services to Croydon and London.
Terms
We are instructed to seek £260,000 for the freehold, subject to contract. Gross Initial Yield 6.00 %.
EPC
This property has an EPC Rating of C (74)
The property is 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