• Rental Income: £13,163.88 p.a. +
• Gross Initial Yield: 5.98% +
• Comprises 3-bedroom apartment (C3) arranged over first and second floor +
• Asset management opportunity, currently under rented +

Investment Consideration:
Gross Initial Yield: 5.98%
Rental Income: £13,163.88 p.a.
VAT is NOT applicable to this property
Asset management opportunity, currently under rented
Comprises 3-bedroom apartment (C3) arranged over first and second floor
Situated within 1min walk from Hurst Green Train station and 1 mile from Oxted High Street, with nearby occupiers including a Pharmacy, Post Office, Costcutter, Hairdresser and more.

Property Description:
Comprises self-contained residential apartment arranged over first and second floor. The property is accessed from the rear and provides the following accommodation and dimensions:
First Floor: Kitchen, living room, bathroom
Second Floor: 3 Bedrooms
Total GIA: 62 sq m (667 sq ft)

Tenancy:
The property is at present let on AST to an Individual for a term of 6 Months from 23rd July 2024 at a current rent of £13,163.88 p.a.

Tenure:
Long Leasehold. Held on a 999 Year lease from 11th July 2012 at a ground rent of peppercorn.

Location:
Oxted is an affluent and highly desirable Surrey commuter town located in the Surrey Hills, an area of outstanding natural beauty. The A25 connects with the A22 and the Sevenoaks bypass, which both connect with the M25 motorway, providing easy access to central London (22 miles) and Sevenoaks (10 miles). Situated within 1min walk from Hurst Green Train station and 1 mile from Oxted High Street. Nearby occupiers including Post Office, Pharmacy and more.