Reigate, Surrey

**INVESTORS ONLY - TENANT IN SITU** A well presented, one double bedroom, split level flat in the heart of Reigate. The property is well proportioned throughout and consists of a generous bay fronted lounge/diner, fitted kitchen, dual aspect double bedroom with space for a desk and an ensuite with both a bath and separate shower. The communal entrance is shared with only one other property and the location is excellent being only a few minutes walk from the High Street and Priory Park, Reigate Train Station is also only 0.6 of a mile away.
The property is currently rented on an AST to a long term tenant at £925pcm generating a 4.93% yield. With a realistic current rentable value of £1200pcm there is plenty of scope to increase to around a 6.4% yield in the current market.
- 105 years lease remaining.
- £100pa ground rent.

• Investors Only
• One Double Bedroom With En-suite
• Split Level Flat
• Well Presented
• Spacious Throughout
• Generous Lounge/Diner
• Fully Fitted Kitchen
• Short Walk to Reigate High Street & Priory Park
• 0.6 of a Mile of Reigate BR
• Tenant in Situ