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4 Bedroom Flat

High Street, Cheam, Sutton, SM3

£ 425,000

Call the Sutton branch on 02086 427616

Features:

  • 4 Bedroom Split Level Apartment
  • Chain Free
  • Ideal Location for Schools
  • Residents Parking
  • Great Investment Oppertunity

 

Property Description:

Leaders are please to bring to the market this 4 bedroom split level flat right in the heart of Cheam Village!

As you enter the property it boasts a very large living room, separate diner, W/C, fitted kitchen with Fridge Freezer, Washer/Dryer, oven & hob and a door to the balcony. The top floor consists of 4 good sized bedrooms and a family bathroom with over-bath electric shower.

Who said flats have no storage? There is a huge loft space with access from the hallway off the landing, a top floor storage cupboard, a lower floor very large storage cupboard, storage shed off the car park, a storage room off the communal ground floor entrance hallway.

This property also includes private residents parking, full gas central heating with modern Vaillant boiler, fully double glazed, EICR tested in Nov 2020 and new replacement consumer unit.

For landlords:

'Successfully let for the last 14 years with no voids.
'Latest rental estimate on AST £1650 per month.
'Most recent receipts £1450pcm with tenant responsible for all repairing and maintaining.
'Income as 4 room lets £2400pcm and as HMO (license required) £3000pcm.

All of the above for just £425k. You could pay this for a 2 bed flat directly over the road. So why so cheap. It is the stigma and legacy of being a former social housing property with the estate still owned by the council. But it isrun and managed on their behalf very professionally and successfully by Sutton Housing Partnership.

 

Call the Sutton branch on 02086 427616