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£425,000 Guide

Investment - 156 High Street, Orpington BR6 Ref: 26521

An opportunity to acquire a 989 year long leasehold over the first and second floors which comprise two 2 bedroom apartments measuring 563 sqft and 690 sqft respectively. The flats are let on AST agreements currently producing £24,300pa, they are in good condition throughout and benefit from front access off the High Street. Whilst the current rent reflects a 5.7% gross yield, we believe the property is underlet and the estimated market rental value is c.£30,00pa, which would give a 7% gross yield.

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