- Sale Type:
- For Sale
- Rental Income:
- Property Type:
- Mixed Use
- Development Opportunity:
- Investment Opportunity:
- Energy Rating:
Mixed Use Investment Opportunity located on Church Road, approximately 1/2 mile east of Belgrave Walk Tram station, and 1 mile north-west of Mitcham Junction train station.
Mitcham town centre is close by.
The ground floor provides an office suite to the front of the building with its own dedicated access, toilet and kitchen facilities. The residential elements are accessed separately and provide a 1 bedroom flat on the ground floor, and a larger 3 bedroom flat over 1st and 2nd floors. The income is as follows:
GF Office - 2 yr licence from 25/12/12 - £600 pcm
GF Flat - 1 year AST from 26/12/12 - £850 pcm
Upper Flat - Vacant - ERV = £1,100 pcm
Total ERV = £30,600 pa exclusive.
Residential Investment Opportunity