South Lawns, 73 Reigate Road, Reigate, Surrey, RH2 0RE
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
2
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Beautiful apartment
- Desirable location and development
- High specification finish throughout
- Top floor position
- Lease recently extended to 174 years
- Two spacious bedrooms
- Allocated underground parking
- Communal gardens
- 1 mile to Reigate station
- Enquire today for further details
Description
South Lawns is perfectly located in the desirable market town of Reigate, Surrey. The town boats independent shops, pubs, restaurants and lovely open green spaces as well as well as highly regarded schools. Just a mile from the property is Reigate’s mainline train station which provides fast and frequent services to London Victoria in as little as 40 minutes, making this the ideal commuter base. It’s therefore easy to see why Reigate was named in the Sunday Times' 2023 best places to live guide.
There hasn’t ever been a better time to invest in property in Reigate, property in the affluent borough is always in high demand on the rental and sales market due to it’s proximity to the capital and the quality of life on offer for residents. The town has a thriving local economy which has grown steadily over the past decade, with over 7000 businesses based there providing 67,000 jobs which contributes to the demand for high quality rental accommodation such as South Lawns.
Please note, lettings and management fees may apply.
Financial Breakdown
Gross Rent: £19,800.00
Net income: £18,100.00
Gross yield: 6.09%
Net yield: 5.57%
Please contact agent for full financial breakdown.
IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
yieldit ref: YL-07560
- 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.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- 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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South Lawns, 73 Reigate Road, Reigate, Surrey, RH2 0RE
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Reigate Station0.8 miles
- Earlswood (Surrey) Station1.0 miles
- Redhill Station1.0 miles
About the agent
Here at yieldit we specialise in the sale of tenanted, income generating buy-to-let property from investor to investor. We work with buyers and sellers who see the financial potential of a buy-to-let-property, and don't get distracted by little things - eliminating the normal stresses that come with trying to sell a buy-to-let property on the high-street.
yieldit brings a wide range of income generating properties to market, from larger homes perfect for families to city centre apartmen
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Visit our security centre to find out moreDisclaimer - Property reference YL-07560. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by yieldit, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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