Herne Hill Freehold Residential Investment

Key Points

• Block of 3 flats extending to 1,206 sq ft along with communal garden to the rear
• Highly reversionary passing rent of £39,696 pa
• Located close to centre of Herne Hill (0.4 miles) with various amenities
• Freehold

Description

The property comprises an end terrace three storey building which provides three self contained flats, accessed via a communal entrance door on the front elevation. There are two 1-bedroom flats and a single 2 bedroom flat, with access to a communal garden to the rear.

Available area

The accommodation comprises the following areas:

Location

The property is located within Herne Hill, and occupies an end of terrace position. The centre of Herne Hill is situated 0.4 miles away from the property, with a range of amenities on offer along with access to a mainline railway station with direct access into London Victoria.

Terms

The property is held freehold under title reference LN203545. The flats are being occupied under Assured Shorthold Tenancy agreements for a total rent of £39,696 per annum, which we understand is at well below market rent. Please note that the the ground floor flat is occupied under the terms of a regulated tenancy under the Rent Act 1977, and we have therefore not been able to inspect to confirm floor area, and have assumed a floor area of 678 sq ft which is in line with the first floor.

Anti Money Laundering

To comply with Anti Money Laundering regulations, Curchod & Co undertake ID checks for all successful purchasers and tenants where legislation requires us to do so.