2021-04-28 18:12, User_1
Truth Factor: N/A
Lind Road, Sutton SM1 4PP, UK
Claim this property to become verified owner or agent
Property type: ?
Bedrooms: ?
Bathrooms: 1
Receptions: 1
Year built: ?
Total Plot Size: ?
Total Inside Area: ?
Last Sold: N/A
Price: N/A
What can it be sold for now?
AI think: N/A
Users think: N/A
Agents think: £700,000 1 agent(s) valuations found
HPI banks think: £NaN
CHAT:
Silverman Black Group Agent Valuation of this property is £700,000
Investment Opportunity! Silverman Black is delighted to offer 39 Lind Road to the market as a Freehold investment. The building was substantially extended and converted into 4 brand new studio apartments just over 1 year ago - with all of the units currently rented out on individual AST agreements - producing almost £41,000 pa in income - and a "return" of almost 6% based on current figures. Being only one year old, the fixtures & fittings included within are all "nearly new", with quality kitchens and bathroom fitted, new wiring, electric heating, new flooring and double glazing - so the site should not require much up-keep for the near future. The development is located only half a mile from Sutton Town Centre (10 minutes walk), whilst Sutton's mainline br station is probably about five minutes further away - making these units easy to rent at around £850 pcm each. In addition, the current owners have drawn up plans to convert the two rear studios into one bedroom cottages, by adding first floors onto the "bungalow" section at the rear of the building. Although these plans have not been submitted to the council, they are available to be viewed here at Silverman Black. If you are interested in talking over this excellent opportunity, please call Simon Walsh at Silverman Black on . Please note that the internal photos are a mixture of the four flats when they were marketed from new, but demonstrate the quality of the fixtures, fittings and decor of them.
