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Block of apartments for sale
Merton High Street, London, SW19
£875,000
Merton High Street, London, SW19
£875,000
Price History
| Initial price | £975,000 |
| 31/05/23 | £875,000 |
| 01/06/23 | £975,000 |
| 03/06/23 | £8,750,000 |
| 26/01/24 | £875,000 |
| Price Change | -10.26% |
Description
This is a freehold investment opportunity in the London Borough of Merton, featuring two flats and two cafes on the ground floor, along with parking and an advertisement panel. The property is income-generating, with existing AST/Lease tenants in place, and generates a total rent of around £70,000 per annum. The flats have an annual rent of £10,800 and £21,600, while the cafes have an annual rent of £10,200 each. There are also two parking spaces rented for £1,800 per annum, and an advertisement panel rented for £10,000 per annum. The overall EPC rating of the property is E.