Block of apartments for sale

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Block of apartments for sale

Forest Road, Effingham Junction
£699,000

Price History

Initial price £1,000,000
16/07/24 £699,000
Price Change -30.10%

Description

assistant Here is a summary of the property description in a single paragraph: This is a unique investment opportunity to purchase three fully modernized residential apartments, all let on Assured Shorthold Tenancies with new 125-year leases, located above Mortiboys Dental Spa in Effingham Junction. The apartments, each with a private terrace and allocated parking, are let for £1,150-£1,033 per month, generating a gross annual income of £13,800-£12,396. The freehold is held by the vendors, who may consider selling the entire property, including the dental spa and office space on the second floor, for a price guide of £1,600,000. The apartments have been fully modernized and are situated in a sought-after area with easy access to Effingham Junction station and local amenities. Viewings are strictly by appointment.