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Listing ID: HSFfffe18ea

Parking/garage for sale in Bynes Road, South Croydon CR2

Loft Estate Agents

2 days ago

Price: £50,000

CR2 , Croydon , London

  • Residential
  • Other

Features

Parking / Garage

Description

A rare opportunity to acquire two brick built garages and an off road parking space. Situated at the top, left hand side of Bynes Road, South Croydon that has no through traffic and is just a short walk from the Brighton Road.
The garages were constructed new approximately 8 years ago with a solid brick structure and felt roof. They are dry and secure throughout.

They are being sold with the freehold, currently let out for combined income of £450 per month on a 30 day rolling term, details as follows:

Garage - £150 p/m
Garage - £150 p/m
Parking space - £150 p/m

Approximate size of the combined plot is 10m x 5.5m.

The asking price is for the entire plot (two garages and parking space). Option available to buy each unit separately and this would be at the following rates:

Garage - £25,000
Garage - £25,000
Parking space - £15,000

Combined purchase of the plot is £50,000. Freehold title. Can be sold with the agreed rent for investment purposes or vacant possession.

Garages & Parking Space (10 x 5.5 (32'9" x 18'0"))

Location On The Map

CR2 , Croydon , London