2 bedroom apartment for sale
Key information
Property description & features
- New Building Apartment
- Large Bedroom
- Single Bedroom / Home Office
- Underfloor Heating
- Communal Garden
An exceptional opportunity to acquire a high-yielding, newly build - stunning one bedroom new apartment situated on the top floor in the sought-after Sutton. With a total internal area of 721 sq ft.
Key Investment Highlights:
High Rental Demand: Grove Road is known for its growing popularity among tenants, ensuring strong and steady rental yields.
Prime Location: Just 0.5 miles away from Sutton National Rail Station providing easy access into Clapham Junction, London Bridge & London Victoria. This property is also situated near 19 excellent schools.
Long-Term Growth: As an area benefiting from regeneration and ongoing development, Grove Road continues to see rising property values and rental income potential.
Property Overview:
The is a newly build, unfurnished apartment with a large master bedroom, a single bedroom that can be used as a home office. This exceptional property also features an open plan lounge, modern bathroom and kitchen. This also comes with underfloor heating and communal garden.
Rental Potential:
Properties in Grove Road consistently achieve strong rental returns, with demand often exceeding supply. Based on current market conditions, this one-bedroom apartment has the potential to generate an estimated rental income of £1600 per month, delivering a healthy gross rental yield. With the added advantage of long-term capital growth, this property is a solid investment choice.
Future Growth and Appreciation:
As of 2024, Future Growth for Sutton includes creating the world's second largest cancer research campus and improving connectivity to central London and the London Underground through the Sutton Link tram project.
Additional Information:
Council Tax Band: S
Floorplan Breakdown:
Master Bedroom: 4.0m x 2.9m (13'1" x 9'6")
A spacious room ideal for tenants, providing enough space for a double bed and storage options.
Single Bedroom / Home Office: 5.1m x 2.5m (16'8" x 8'2")
A single bedroom that can be used as a home office.
Open Plan Lounge and Kitchen 7.9m x 5.0m (25'10" x 16'3")
The well-sized living area is a key feature, offering tenants a comfortable space to relax, work, or entertain. It comes with a Modern and fitted kitchen, perfect for tenants seeking a functional, move-in-ready home.
Bathroom: 3.3m x 2.7m (1011" x 2'7")
A compact but well-appointed bathroom, providing all essential amenities in a stylish design.
Approximate Gross Internal Area: 721 sq ft
Compact yet maximizing tenant comfort and appeal
This is a rare opportunity to acquire a property in one of Sutton's fastest-growing rental markets. Whether you're an experienced investor looking to expand your portfolio or a first-time buyer searching for a long-term growth opportunity, this apartment in Grove Road is not to be missed. Contact us today to arrange a viewing or discuss investment details.
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*DISCLAIMER
Property reference DanielJohnson81aGrove. 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 Sell Your Tenanted Property - Glasgow.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on March 18, 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: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
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 January 22, 2024 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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