Forest Road, Effingham Junction

*** 3 FLAT INVESTMENT OPPORTUNITY***

We are delighted to offer for sale these 3 fully modernised residential apartments, all Let on Assured Shorthold Tenancies with new 125 years leases.

An opportunity to purchase the whole Freehold, all fully Let, may be considered at a Price Guide of £1,600,000.

Located above Mortiboys Dental Spa we are pleased to offer these 3 stunning modern apartments for sale as an investment opportunity.

All 3 properties have been Let on Assured Shorthold Tenancies with further details of each below. The floorplan for each apartment are shown, with full details available upon request.

The apartments are located in sought after Effingham Junction being just a 0.3 mile walk from Effingham Junction station with its regular service to London Waterloo & Guildford along with local stores for day to day items and the bustling town centres of Cobham & Guildford being 3 & 11 miles distant respectively.

Flat 1: 1 Bedroom apartment of 585 sq ft plus private terrace (20' x 9') and allocated parking. Let at £1,150 pcm (£13,800 gross pa) EPC: C71

Flat 2: 1 bedroom apartment of 520 sq ft plus private terrace (20' x 12') and allocated parking. Let at £1,150 pcm (£13,800 gross pa) EPC: C71

Flat 3: 1 bedroom apartment of 531 sq ft and allocated parking. Let at £1,033 pcm (£12,396 gross pa) EPC: D66

Service Charge: On Demand by proportion. Share of Block Buildings Insurance Premium: Current Annual Cost: £1,478.38 Ground Rent: Peppercorn

The vendors of this investment opportunity hold the Freehold for the whole building which includes the Dental Spa to the ground floor and a further 2 room office with bathroom facilities to the second floor in all occupying over 3,000 sq ft along with outside spaces & customer car parking, for which a broader discussion in relation to the whole building may be considered.

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