Chelsea, SW7 3PL | Investment Property for Sale | VES-SW7-101

Opportunity to buy 1-bed tenanted investment property in affluent London generating £20,808 pa and 3.5% yield

£599,950

Apartment

VES-SW7-101

INITIAL INVESTMENT

£283,476

GROSS RENT / YIELD

£21,288 / 3.5%

NET RENT / YIELD

£13,429 / 2.2%

The property

TENANCY

Tenanted

TENURE

Leasehold

GROUND RENT

£295

SERVICE CHARGE

£3,003

1 bedroom

1 bathroom

1 reception room

317

Unfurnished

  • Length of lease: 999 years from September 1986

Vesta has not visited the property and the marketing material has been provided by the vendor.

Tenancy

RENT

£21,288 p.a. / £1,774 pcm

TENANCY DEPOSIT

£2,400

TENANCY TYPE

AST

TENANCY AGREEMENT STARTED

7 months ago

TENANCY AGREEMENT ENDS

10/19/2019

Floorplans

Documents available on request, please contact for viewings or further questions.

The information relating to the property is supplied by the vendor and the latest available at the date of listing.

Certain information may expire or become inaccurate over time and should be verified by the purchaser’s solicitor.

Financials

Rental Income

GROSS RENT PER ANNUM

£21,288

Equivalent of £1,774 per calendar month (PCM).

GROSS RENTAL YIELD

3.5%

Gross rent per annum divided by the purchase price.

NET RENT PER ANNUM

£13,429

Gross rent per annum minus fully managed operating costs.

NET RENTAL YIELD

2.2%

Gross rent per annum minus fully managed operating costs divided by the purchase price.

FULLY MANAGED OPERATING COSTS

£7,859

The total estimated sum of expenses calculated annually assuming a fully managed service.

Click to understand assumptions.

Profit & Growth

Disclaimer

This information is for illustration purposes only and does not constitute advice. It is correct at the time of writing. For advice specific to your personal circumstances, please speak to a financial adviser.

About Chelsea, SW London

Chelsea is an affluent area in south-west London in the borough of Kensington & Chelsea, it is situated 3 miles south-west of Charing Cross station.

The borough of Kensington & Chelsea has much to offer in terms of attractions and culture, in just walking distance of this property one can visit the Natural History Museum, the Science museum and the V&A. This area is also home to Chelsea football Club’s grounds Stamford Bridge. This property is situated very close to Old Brompton road and Fulham road and so is rich in a diverse number of restaurants, bars, retail stores and boutiques.

Roland Gardens,

London,

Greater London,

England,

SW7 3PL

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