Investment for sale in Beechbrook House, Lubbock Road, Chislehurst, Kent
An opportunity to acquire a freehold block comprising 4 x 2 bedroom flats on Lubbock Road, a popular road in Chislehurst. The flats are laid out over ground and first floors and have an identical layout measuring approx. 762 sqft each. The four flats are accessed from the front of the building. To the right is an access road that slopes down to the rear of the block. The lower ground floor provides garages and storage under the property and surface parking.
The four existing flats are all let on AST's currently producing £51,180pa. They are underlet, there is clear potential to increase the rental income through active management, and there is break-up potential.