Property photos
Guide price
£3,000,000
(£515.76/sq. ft)
Block of flats for sale
Fassett Road, Kingston Upon Thames KT15,817 sq. ft
Local area information
Property location
Nearby amenities
- St John's C of E Primary School 0.1 miles
- Bedelsford School 0.2 miles
- Kingston Town End Pier 0.3 miles
- Kingston 0.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Surbiton to find out more about the local area.
Features and description
- Investment Opportunity
- Currently operating as 9 flat/28 room student accommodation
- Current income £223,800 pa
- Net internal area 5035 square feet/5817 square feet total
- Car Park to rear with 7 spaces
Excellent Investment opportunity to acquire a residential apartment building in Kingston Upon Thames currently operating as student accommodation
1 Fassett Road is a residential apartment building currently operating as a 9 flat, 28 room student accommodation property generating £223,800 per annum. The net internal area is estimated at 5035 square feet which represents a discounted capital value of £636 per square foot, and total square footage 5817. To the rear of the building is a car park with 7 x parking spaces.
The building is currently generating £223,800 per annum. The rents paid by tenants includes utilities, and are due to increase when new student tenancies commence in August 2024. There is potential to improve this income through either refurbishment or repositioning the asset to a different model such as serviced accommodation.
For Sale is the unbroken freehold.
Fassett Road is a quiet residential street positioned between Kingston Upon Thames and Surbiton. The area is popular with students and young professionals given it's proximity to Kingston University, St Mary's University, Kingston Hospital and Kingston town centre.
1 Fassett Road is a residential apartment building currently operating as a 9 flat, 28 room student accommodation property generating £223,800 per annum. The net internal area is estimated at 5035 square feet which represents a discounted capital value of £636 per square foot, and total square footage 5817. To the rear of the building is a car park with 7 x parking spaces.
The building is currently generating £223,800 per annum. The rents paid by tenants includes utilities, and are due to increase when new student tenancies commence in August 2024. There is potential to improve this income through either refurbishment or repositioning the asset to a different model such as serviced accommodation.
For Sale is the unbroken freehold.
Fassett Road is a quiet residential street positioned between Kingston Upon Thames and Surbiton. The area is popular with students and young professionals given it's proximity to Kingston University, St Mary's University, Kingston Hospital and Kingston town centre.
Floor plans and tours
Floor plans (1)
More information
Listed by
Dexters - Development and Investments London
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