LOT 2 · COMMERCIAL PROPERTY
11 Surrey Street
Croydon, CR0 1RG
A Four Storey Semi-Detached Building Arranged to Provide a Ground Floor Retail Unit and a First Floor Flat One Bedroom Flat Producing £31,200 Per Annum.
Property description
The property comprises a ground floor lock up shop with a one bedroom flat accommodation above situated within a semi detached building arranged over lower ground, ground and two upper floors. The property is entirely let on a 10 FRI Lease from 27th July 2016 producing £31,200 per Annum. The property further benefits from further development opportunity at the rear (Subject to obtaining all relevant consents)
Accommodation
Ground Floor
Retail Shop
First Floor
One Bedroom Flat
Location
Surrey Street is a established parade close to the heart of Croydon town centre with Surrey Street market taking place 6 times a week. Transport links are provided by East Croydon rail station.
Run the Numbers
Explore rental returns and monthly repayments for this property.
Your rental returns
- Gross yield
- 9.9%
- Net yield
- 9.9%
- Annual income
- £31,200
Net yield deducts your annual running costs, before tax and finance.
Yields use the purchase price and assume 12 months’ rent. Include maintenance, insurance, management and vacancy allowances in annual costs. Tax, finance and purchase fees are excluded.
Illustrative estimates only, not financial advice or a lending offer. Confirm funding and the completion deadline before bidding.
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