Park Street, Camberley, Surrey, GU15
Sold Subject to Contract
7 beds | From £1,050,000 Having knowledge of the purchase price allows you to calculate the overall expense incurred in acquiring the property. Read our glossary page
- Ground Floor
- First Floor
- Upper Floor
- Modern
- New
- Town/City
- Freehold
EXCELLENT INVESTMENT OPPORTUNITY CURRENTLY GENERATING £80,540 PER ANNUM IN RENTAL INCOME. CENTRAL CAMBERLEY LOCATION. 6.4% YIELD ACHIEVABLE.Freehold
5 Apartments
1 Commercial Unit
All Tenants in Situ
High Quality Finish
One Parking Space
Central Town Location
This Freehold investment opportunity comprises 5 apartments and 1 commercial unit located in the busy Park Street of Camberley. The 5 apartments are all under current Assured Shorthold Tenancies and comprise 2 x 2 two bedroom and 3 x 1 one-bedroom apartments.
The commercial unit is under a 10-year lease from 26th February 2018.
The total current combined income is £80,540 per annum. At £1,250,000, gross rental yield achievable is 6.4%.
The whole investment opportunity underwent a full renovation and new build extension approximately 2 years ago.
There is a courtyard to the rear and one parking space.
This property is situated in Camberley town centre. There are extensive shopping and leisure facilities including cinema complex, numerous restaurants, bars and a sports centre with extensive range of sporting activities. The property is also conveniently located for Camberley Train Station whilst the M3 and the M4 motorways are easily accessible.
Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page
Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page :
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