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Freehold Luxury Apartments Investment Opportunity in Erith, London

Erith, London
FREEHOLD INVESTMENT OPPORTUNITY Photo 1
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FREEHOLD INVESTMENT OPPORTUNITY
  • Freehold: £495,000
  • Turnover: £36,000 (£692 per week)
  • Net Profit: Not Applicable

Business Details

FREEHOLD INVESTMENT OPPORTUNITY

2 & 2a Limewood Road | Erith | London | DA8 3AL

FREEHOLD INVESTMENT OPPORTUNITY

 Two luxury apartments - 1 x 2 Beds & 1 x 1 Bed

Recently Refurbished to a High Specification

10 Year Structural Warranty from 2025

Current Income: £3,000 Per Calendar Month

Location

Located just off the main Bexley Road mid way between Erith and Barnhurst Railway stations which are each about a mile away.  The Leigh Academy is 0.2 miles distant.

 INCOME

Current Income: £3,000 Per Calendar Month

Guaranteed Rental Agreements for 3 Years

Potential for Future Rental Growth or Break-Up Value

 Premises

Newly refurbished property comprising 1 x 1 bed and 2 x2 bed flats.

Total N.I.A: 96.15 sq m (1,035 sq ft)

Tenure

Freehold

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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