31 North End, London Road, East Grinstead, West Sussex RH19 1QJ
- PROPERTY TYPE
Block of Apartments
- SIZE
1,561 sq ft
145 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Comprises block of 2 x 1-bed and 2 x studio flats
- Newly converted in 2022/2023 to a high standard
Description
Gross Initial Yield: 9.31%
Rental Income: £58,200 p.a.
VAT is NOT applicable to this property
Comprises block of 2 x 1-bed and 2 x studio flats
Newly converted in 2022/2023 to a high standard
Within close proximity to local retailers including Londis Convenience Store, Pharmacy, Café and more.
Property Description:
The property comprises residential block of 2 x 1-bed and 2 x studio flats, newly developed/converted in 2022/2023, providing the following accommodation and dimensions:
Flat 31A: 39 sq m (420 sq ft)
1 Bedroom, Kitchen/Living Room, Bathroom
Flat 31B: 42 sq m (452 sq ft)
1 Bedroom, Kitchen/Living Room, Bathroom
Flat 31C: 34 sq m (366 sq ft)
Double Bed, Kitchen, Storage, Bathroom
Flat 31D: 30 sq m (323 sq ft)
Double Bed, Kitchen, Storage, Bathroom
Total NIA: 145 sq m (1,561 sq ft)
Tenancy:
Flat 31A is at present let on CLT to Aston Pearl Ltd for a term of 12 Months from 22nd January 2024 at a current rent of £16,200 p.a.
Flat 31B is at present let on CLT to Aston Pearl Ltd for a term of 12 Months from 22nd January 2024 at a current rent of £16,200 p.a.
Flat 31C is at present let on AST to S&G Properties Solutions for a term of 12 Months from 3rd October 2023 at a current rent of £9,600 p.a. Deposit held of £807.69.
Flat 31D is at present let on CLT to Aston Pearl Ltd for a term of 12 Months from 22nd January 2024 at a current rent of £16,200 p.a.
Location:
The town benefits from excellent road and rail connections being on the A22 with Junction 6 of the M25 10 miles to the North and the M23 7 miles to the West. East Grinstead Railway Station provides regular services to Croydon and London Victoria. The premises are located in a prominent position fronting the London Road which forms one of the main roads into East Grinstead within close proximity to local retailers including Londis Convenience Store, Pharmacy, Café and more.
Brochures
Property Particulars- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
31 North End, London Road, East Grinstead, West Sussex RH19 1QJ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- East Grinstead Station1.0 miles
- Dormans Station1.8 miles
- Lingfield Station3.0 miles
About the agent
Blue Alpine, London
54 Welbeck Street, London W1G 9XS
Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.
Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can a
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