Description

The portfolio comprises of 4 x 1 bed units currently producing a total income of £43,800 per annum. There is the potential to acquire the fifth unit (2 bed) within 130 – 132 Portland Road.
A full breakdown of rent per unit is available on request.

The opportunity has potential for development subject to the relevant consents following positive feedback from the local authority.

There is potential for further development including a plot adjacent to the site. Further enquiries on this are to be made separately.

Location

The site is located in the London Borough of Croydon. Being 0.6 miles from Norwood Junction Station the site has excellent transport into Central London with direct access to London Bridge Station within 13 minutes.

Norwood Junction is also situated on the London Overground Line providing excellent local transport links.

Price

Offers are invited in excess of £900,000.