Barnard Marcus is marketing a new property in Sutton as a promising investment opportunity, highlighting its estimated rental yield of around eight percent. The site is being sold for £1,600,000 through a modern auction method, offering a single unbroken freehold consisting of five one-bedroom mews houses and two studio apartments with new build warranties. The location boasts good transport links and proximity to schools, and the development is ready for tenants to move in immediately. Interested buyers are encouraged to view the property as it is available under auction terms with associated fees.
The property offers a robust estimated rental yield of around eight percent, making it an excellent investment opportunity for potential buyers.
Selling as a single unbroken freehold, buyers would own all seven units, comprising five one-bedroom mews houses and two studio apartments.
The estate agent emphasizes the development's strategic location, with excellent connections to local transport, schools, and essential amenities.
With a 'turnkey' designation, the properties are ready for immediate occupancy, aligning with the needs of modern renters and investors.
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