Reigate, Surrey
![Clarendons, Surrey & West Sussex - Sales](https://media.rightmove.co.uk/92k/91265/branch_logo_91265_0010.png)
- PROPERTY TYPE
Flat
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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Key features
- Investors Only
- One Double Bedroom With En-suite
- Split Level Flat
- Well Presented
- Spacious Throughout
- Generous Lounge/Diner
- Fully Fitted Kitchen
- Short Walk to Reigate High Street & Priory Park
- 0.6 of a Mile of Reigate BR
- Tenant in Situ
Description
**INVESTORS ONLY - TENANT IN SITU** A well presented, one double bedroom, split level flat in the heart of Reigate. The property is well proportioned throughout and consists of a generous bay fronted lounge/diner, fitted kitchen, dual aspect double bedroom with space for a desk and an ensuite with both a bath and separate shower. The communal entrance is shared with only one other property and the location is excellent being only a few minutes walk from the High Street and Priory Park, Reigate Train Station is also only 0.6 of a mile away.
The property is currently rented on an AST to a long term tenant at £925pcm generating a 4.93% yield. With a realistic current rentable value of £1200pcm there is plenty of scope to increase to around a 6.4% yield in the current market.
- 105 years lease remaining.
- £100pa ground rent.
- 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.
- Band: C
- 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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Reigate, Surrey
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Reigate Station0.6 miles
- Earlswood (Surrey) Station1.4 miles
- Redhill Station1.6 miles
About the agent
Hello and a warm welcome to Clarendons...
Like most people, you're probably thinking that all estate agents are pretty much the same, but at Clarendons, we like to do things a little differently - because moving home is about people, more than property.
Independent.
As an independent agency, we can focus more on our customers and have the freedom to tailor our services to fit our vendors and landlords' needs. A corporate bottom line isn't our driving force, c
Industry affiliations
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Notes
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Visit our security centre to find out moreDisclaimer - Property reference S_7527147. 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 Clarendons, Surrey & West Sussex - Sales. 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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