Established in 2015 by Thomas Balashev, Montague Real Estate is a luxury real estate advisory based in Mayfair, London. Montague Real Estate has an extensive and diversified portfolio of luxury residential homes worldwide. Montague Real Estate’s purpose is to ensure our clients have access to a trusted advisor and an established global network, which in turn allows them an opportunity to acquire some of the finest homes on the planet.

Montague Real Estate - Mayfair

One-bedroom apartment, situated in the bustling heart of Elephant and Castle, London. Currently serving as a lucrative Airbnb rental, this property presents an outstanding investment prospect, boasting an impressive 80% average occupancy rate and a robust annual yield of 7%.Nestled within the vibrant urban landscape of Elephant and Castle, this one-bedroom apartment epitomises contemporary urban living with a focus on functionality and style. The bedroom, thoughtfully designed to optimise space, offers a comfortable retreat accentuated by an abundance of natural light.Boasting a modern kitchen, where form meets function in perfect harmony. Featuring sleek fixtures and quality finishes, the kitchen is equipped with essential amenities to cater to the needs of the modern urbanite.Throughout the property, natural light floods the living spaces, creating an ambiance of warmth and vitality. Large windows frame panoramic views of the surrounding cityscape, blurring the boundaries between indoor and outdoor living and enhancing the sense of connection to the dynamic urban environment.With its strategic location, modern amenities, this apartment represents a compelling opportunity for investors and discerning individuals seeking an urban retreat that seamlessly blends style, comfort, and convenience in the heart of London.

Property reference MRE1516. 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 Montague Real Estate - Mayfair.

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 Broadband availability and predicted speed: obtained from Ofcom on January 7, 2022

 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: <a href="https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2">https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2</a>

 Mobile phone signal availability and predicted strength: obtained from Ofcom on January 7, 2022

 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 8, 2017 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.

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DISCLAIMER

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Call rate information

EPC (Contains public sector information...

Knowing the tenure is important because it affects your rights and costs associated with the property.

                                  If you do not know the tenure, you will not know how you will legally own the property and if there are any further costs & obligations you must comply with.
The remaining length of the lease may affect your ability to obtain a mortgage.

Tenure

Ground rent is paid under the terms of a lease to the owner of the land on which the property is built. If you do not know the ground rent, review period & conditions of review, you will be unaware of the additional costs that you may have to pay. These charges may also increase. Ground rent will not be charged for new leases granted from 30 June 2022 in England and Wales.

Ground rent

Service charges are the contribution towards the maintenance of shared amenities. If you do not know the amount, review period and conditions of review you will be unaware of the additional costs that you may have to pay. These charges may also increase.

Service charge

If you do not know the Council Tax band you will not know how much you need to pay.

Council tax

If you don't know the type of utilities which the property has, there may be additional costs, for example an adequate broadband connection may not be available.

Broadband

If you don't know the type of utilities which the property has, there may be additional costs, for example adequate mobile reception may not be available.

Mobile signal

If you don't know the type of utilities which the property has, there may be additional costs, for example if the water supply comes from a private well which requires regular maintenance or has water quality requirements.

Water

Knowing the nature of your heating supply is important as there may be additional considerations, for example if the property is not connected to the mains gas line and has an LPG heating system.

Heating

Knowing the nature of your electricity supply is important as there may be additional considerations, for example if the property is not connected to the national grid and has a generator instead.

Electricity

If you don't know the type of utilities which the property has, there may be additional costs, for example if the property has a septic tank that requires regular maintenance and emptying.

Sewerage

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Elephant & Castle Underground

Elephant & Castle

Lambeth North Underground

One-bedroom apartment, situated in the bustling heart of Elephant and Castle, London. Currently serving as a lucrative Airbnb rental, this property presents an outstanding investment prospect, boasting an impressive 80% average occupancy rate and a robust annual yield of 7%.Nestled within the...

1 bedroom apartment for sale

Key information

Features and description

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