**Investment Highlights:**
- Freehold investment property with 5 self-contained flats
- Established income stream with total gross annual income of £60,504
- Attractive estimated gross yield of 8.05% and net yield of 7.03%
- Well-maintained structure, converted approximately 10 years ago
- Excellent transport links and amenities in a multicultural area
- Chain-free sale with low building insurance costs (~£1,500/year)
Discover a prime investment opportunity at this well-maintained detached property located at 42 Winlaton Road, Bromley. Comprising five compact flats, this freehold asset is perfect for investors seeking reliable rental income within a desirable urban area. Each flat offers their own distinct charm, ranging from 161 sqft to 204 sqft, catering to a diverse tenant base and ensuring consistent occupancy. The property boasts a gross annual income of £60,504, resulting in attractive yields ideal for both seasoned and first-time investors.
Set in a vibrant community bolstered by excellent transport links and local amenities, this investment is conveniently located near top-rated schools, making it appealing for families and working professionals alike. Although the property is structured with solid brick walls and room heaters, there are no immediate major repairs needed, allowing you to capitalize on your investment from day one. With significant rental potential in a market with strong demand, don't miss this opportunity—properties like this are rare and don't last long!
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