Summary - 9, CHERTSEY ROAD GU21 5AB
1 bed 1 bath Commercial Property
### Key Features:
- **Investment Opportunity**: 25 apartments generating a current income of £354,444 per annum, with potential market rental value of £380,400.
- **Modern Design**: Built in 2020, featuring contemporary architecture over 6 floors, totaling approximately 10,456 sqft.
- **Ideal Location**: Just a 3-minute walk to Woking Train Station, offering quick access to London Waterloo.
- **Leasehold**: 992 years remaining on the lease, ensuring long-term security.
### Summary:
Discover Waterloo House, a prime investment featuring 25 modern apartments in the heart of Woking. Developed in 2020, this substantial mixed-use property spans six stories and offers a lucrative income stream with all units currently let. The apartments consist of a mix of studio, one-bedroom, and duplex configurations, appealing to a diverse rental market, particularly within this multicultural student neighborhood.
The building's contemporary architecture and strategic location, just minutes from Woking Train Station, make it an attractive proposition for both investors and potential landlords. The estimated market rental value indicates room for income growth and long-term profitability. However, it's important to note that the local area has a high crime rate, which may require consideration when targeting tenants.
Overall, this leasehold investment offers a secure and profitable opportunity in a vibrant urban setting with future renovation potential to enhance the living experience. Don't miss out on this rare chance to secure a sizable asset in a dynamic market—properties of this caliber are in high demand and won't last long!
Block of apartments for sale in Waterloo House, Chertsey Road, Woking, GU21 5AB, GU21 — £4,600,000 • 1 bed • 1 bath • 10456 ft²
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