London, SW4 7SE | Investment Property for Sale | VES-SW4-001

Opportunity to purchase an apartment in London generating £18,204 rent pa & gross yield of 4.6%

£400,000

Apartment

VES-SW4-001

INITIAL INVESTMENT

£114,500

Based on

deposit: £100,000

stamp duty: £12,000

mortgage fees: £1,500

conveyancing fees: £1,000

GROSS RENT

£18,204

GROSS YIELD

4.6%

ADD TO FAVOURITES

The property

TENANCY

Tenanted

TENURE

Share of Freehold

1 bedroom

1 bathroom

1 reception room

412

Unfurnished

Please note that this property is also part of a larger portfolio listing and the vendor is open to selling the units individually.

Share of freehold information

  • Ground rent: n/a
  • Service charge: tbc

Property information

  • Located on the first floor
  • Open plan reception room/kitchen
  • Good-sized bathroom
  • Plenty of storage space in the reception room
  • EPC rating C
  • Monthly rental income £1,517

Location information

  • Clapham North tube and Clapham high street are less than a 10-minutes walk from the property
  • Brixton tube station is just over half a mile from the property

Note

Please note that Vesta has not visited this property and that the vendor has provided all material.

Tenancy

RENT

£18,204 p.a. / £1,517 pcm

TENANCY DEPOSIT

£0

TENANCY TYPE

AST

TENANCY AGREEMENT STARTED

23 months ago

TENANCY AGREEMENT ENDS

Periodic

Floorplans

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

The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.

Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.

About London Borough of Lambeth, South London

The London Borough of Lambeth forms part of Inner London and is a borough in South London. Its administrative centre is in Brixton Hill 4 miles south of Charing Cross.

Lambeth is bordered to the east by the LB of Southwark, to the west by the LB of Wandsworth, to the south-west by the LB of Merton and to the south by the LB of Croydon.

The borough is made up of 21 districts including Brixton, Clapham, Lambeth, Waterloo, Streatham, Vauxhall and Crystal Palace.

Its central position in London offers a vast array of public transport options, including cycle routes, walking routs and numerous bus services. There are eight London Underground stations, served by the Bakerloo, Northern, Victoria and Waterloo & City line in Travelcard zones 1 & 2. The boroughs twelve railway stations offer services by South Western Railway, Southeastern, Southern and Thameslink. There are also two London Overground stations.

Some of the boroughs must see and must do attractions include Lambeth Palace, Museum of Garden History, MI6 Building, Imperial War Museum, 575 Wandsworth Road, The Old Vic, The Oval, The Southbank Centre, Brixton Market and Brixton Academy.

There are over 64 areas of parks and open spaces to be found in Lambeth including Clapham Common, Jubilee Gardens, Brockwell Park and Lido, Vauxhall Park, Vauxhall City Farm, Streatham Common, Kennington Park and Myatt’s Fields Park, to name a few.

Ferndale Road,

London,

Greater London,

England,

SW4 7SE

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Important Note

All information contained in this website is provided as a guideline only, is based on estimates and assumptions, may not be accurate or complete, and is subject to change. We make no representations or warranties with regards to this information, expressed or otherwise. A buyer who relies on such information does so at their own risk. Buyers are advised to seek independent financial advice and should undertake their own due diligence.

Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.

In no event will we be liable for any loss or damage, including without limitation any loss or damage arising directly or indirectly out of or in connection with the use of this website and the information contained therein.

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