2 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (92 years remaining)
- Shops and amenities nearby
- Fitted Kitchen
- Video Entry
- Double glazing
- Close to public transport
- Garden
- Communal Garden
This property offers a generous living area, a fully fitted modern kitchen and bathroom, and boasts its own private, well-maintained garden. Ideal for investors, this apartment promises a 5.1% gross yield alongside low service charges, making it a smart investment opportunity.
The apartment's private garden is beautifully kept, providing an inviting outdoor space perfect for dog lovers and garden enthusiasts alike. Beyond the private garden, residents also benefit from access to communal gardens, offering an abundance of greenery right outside the door.
Located in close proximity to Battersea Park, this apartment is just a short walk from two Overground stations, making commuting easy. For even more convenience, the iconic Battersea Power Station is nearby, home to an array of shops, cafes, and the Northern Line tube extension, offering quick access to Central London and beyond.
This apartment is a highly attractive option for buy-to-let investors with its excellent 5.1% yield and zero ground rent. Additionally, the lease can be extended for a reasonable cost between £5,000 - £7,000, and with recent developments in parliament, future lease extensions may benefit from a 990-year term.
Key Details:
Lease term remaining: 92 years (extendable for £5,000-£7,000)
Service charges: £1,350 PA
Ground rent: £0
Current rent: £2,100 PCM (£25,200 PA) yielding 5.1%
With its modern amenities, fantastic location, and great investment potential, this property is sure to be in high demand. Viewing is highly recommended, so contact us today to book your viewing before this opportunity slips away!
Note: Pending legislation expected in 2024 may offer further advantages regarding lease extensions.
Rooms
Kitchen - 3.86 x 3.12 m (12′8″ x 10′3″ ft)
Reception - 4.01 x 3.87 m (13′2″ x 12′8″ ft)
Bedroom 1 - 4.08 x 3.02 m (13′5″ x 9′11″ ft)
Bedroom 2 - 3.93 x 3 m (12′11″ x 9′10″ ft)
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 2761. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Coldwell Banker Southbank - London.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on September 12, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on September 12, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on September 1, 2022 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.