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29 bedroom detached house for sale
Fassett Road, Surbiton, Surrey, KT1
£2,750,000
Fassett Road, Surbiton, Surrey, KT1
£2,750,000
Price History
Initial price | £2,850,000 |
01/07/25 | £2,750,000 |
Price Change | -3.51% |
Description
Dexters is pleased to present a fully let, turnkey investment opportunity in Kingston Upon Thames. The detached period building has been converted into student accommodation, comprising 7 flats with 27 rooms, including 8 en-suite bathrooms and 2 studios. Currently generating a gross income of £229,500 per annum, representing a gross yield of 8.35% per annum at the guide price, this property offers a strong income stream. With a net internal area of approximately 5,816 square feet, the property's discounted capital value works out to £490 per square foot. Additionally, the property features private off-street parking for around 7 cars, making it an attractive investment opportunity for those seeking a reliable and lucrative return.