Flat for sale in Lesbourne Road, Reigate RH2
Just added![Flat for sale in Lesbourne Road, Reigate](https://lid.zoocdn.com/645/430/530c0425de7fce81cb53af17bdaeed9a6e4f29db.jpg)
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Property 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
Property 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.
- £100 per month ground rent.
*Internal photos to follow imminently
Property info
For more information about this property, please contact
Clarendons - Surrey and West Sussex, RH2 on +44 1737 339380 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Clarendons - Surrey and West Sussex, and do not constitute property particulars. Please contact Clarendons - Surrey and West Sussex for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.