2 bedroom apartment

The Briar, 48 Thicket Road, Sutton, Surrey, Surrey, SM1 4QY

Size: 83 sqm

Purchase price

£400,000

Size: 83 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £14,400
Ground rent £250
Service charge £2,400
Net income £11,750
Gross yield 3.6%
Net yield 2.94%

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This excellent two bedroom penthouse apartment is located in the sought after area of Sutton, enquire today to avoid disappointment.


EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This excellent two bedroom penthouse apartment is located in the sought after area of Sutton, enquire today to avoid disappointment.

This wonderful two bedroom apartment comprises of; entrance hallway leading to a spacious lounge with hard wooden floors; a large balcony off the lounge with picturesque views; fully fitted kitchen with all appliances included; first of the double bedrooms with fitted wardrobes and three piece en-suite with shower; a second double bedroom with fitted wardrobes; a three piece family bathroom with shower over bath. The apartment is located on the third floor (penthouse), and comes with an allocated parking space.

With the apartment being situated on the doorstep of Sutton grammar school, it really is the ideal investment. Just 5 minutes from Sutton station with a direct line straight to Victoria station makes it ideal for commuters to London. Typical prices in the City of London are 89% higher than the pre-crisis peak, rising from £474,000 to £898,000 in September 2019. Suttons close proximity to London ensures that rental demand is always high in this area as more people want a small town or village feel, away from the city, whilst still being close to the centre of London. Sutton benefits from property prices which are 30.1% lower than the London average and yet prices have grown by over £100,000 in the last 5 years alone. This incredible property is sure to have a lot of interest so enquire today!

The property is just 33 minutes from Central London, making Sutton a fantastic commuter belt for working professionals. The area also has excellent access for the M25.

Interested in this property? Enquire today for more information

Key features

Key features

Earn instant income

Key features

Two bedroom two bathroom apartment

Key features

Third floor penthouse

Key features

Large balcony with beautiful views

Key features

Excellent location

Key features

Great transport links

Key features

Shops, bars and amenities

Key features

Direct train 33 minutes to London

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This excellent two bedroom penthouse apartment is located in the sought after area of Sutton, enquire today to avoid disappointment. More info...

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This excellent two bedroom penthouse apartment is located in the sought after area of Sutton, enquire today to avoid disappointment.

This wonderful two bedroom apartment comprises of; entrance hallway leading to a spacious lounge with hard wooden floors; a large balcony off the lounge with picturesque views; fully fitted kitchen with all appliances included; first of the double bedrooms with fitted wardrobes and three piece en-suite with shower; a second double bedroom with fitted wardrobes; a three piece family bathroom with shower over bath. The apartment is located on the third floor (penthouse), and comes with an allocated parking space.

With the apartment being situated on the doorstep of Sutton grammar school, it really is the ideal investment. Just 5 minutes from Sutton station with a direct line straight to Victoria station makes it ideal for commuters to London. Typical prices in the City of London are 89% higher than the pre-crisis peak, rising from £474,000 to £898,000 in September 2019. Suttons close proximity to London ensures that rental demand is always high in this area as more people want a small town or village feel, away from the city, whilst still being close to the centre of London. Sutton benefits from property prices which are 30.1% lower than the London average and yet prices have grown by over £100,000 in the last 5 years alone. This incredible property is sure to have a lot of interest so enquire today!

The property is just 33 minutes from Central London, making Sutton a fantastic commuter belt for working professionals. The area also has excellent access for the M25.

  • Key features
    Tick Desktop Earn instant income
    Tick Desktop Two bedroom two bathroom apartment
    Tick Desktop Third floor penthouse
    Tick Desktop Large balcony with beautiful views
    Tick Desktop Excellent location
    Tick Desktop Great transport links
    Tick Desktop Shops, bars and amenities
    Tick Desktop Direct train 33 minutes to London
  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £14,400
Ground rent £250
Service charge £2,400
Net income £11,750
Gross yield 3.6%
Net yield 2.94%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.