SmoothSale are pleased to present this mixed use property located in Norbury. This property is an ideal investment opportunity and comprises 5 units offering a 6.9% Gross Initial Yield.
Commercial Shop Front: 1275 pcm
Rear Ground Floor Flat :895 pcm
Two Bedroom Flat :1250 pcm
Studio A : 1150 pcm
Studio B : 1150 pcm
You can secure this property with a reservation deposit of 2,500. This forms part of the total purchase price of the property and is not an additional fee. The deposit draws up a legally binding exclusivity agreement which gives exclusive rights to purchase the property within an agreed timeframe.
The reservation deposit guarantees that the seller will remove their property from the market as soon as the offer is accepted and the deposit is paid. This means that the property is reserved for you, giving you time to complete the sale without the risk of being gazumped.
The fixed exclusivity period (typically 8-10 weeks) allows you to prepare financing, surveys and property searches with the confidence that you aren’t wasting money on a sale that may fall through.
Speak to one of our property specialists about our reservation deposit scheme to find out more.