Sunbury-on-Thames, TW16 5LE | Investment Property for Sale | VES-TW16-001

Opportunity to purchase an apartment in Sunbury-on-Thames generating £14,400 rent pa & gross yield of 4.4%

£325,000

Apartment

VES-TW16-001

INITIAL INVESTMENT

£99,750

Based on

deposit: £81,250

stamp duty: £16,000

mortgage fees: £1,500

conveyancing fees: £1,000

GROSS RENT

£14,400

GROSS YIELD

4.4%

ADD TO FAVOURITES

The property

TENANCY

Tenanted

TENURE

Leasehold

1 bedroom

1 bathroom

1 reception room

514

Unfurnished

Leasehold information

  • Length of lease: 125 years
  • Year lease started: 2017
  • Service charge: tbc
  • Ground rent: tbc

Property information

  • Located on the first floor
  • Open plan kitchen/living/dining room
  • The lounge leads out onto a Juliet balcony
  • The apartment benefits from underfloor heating
  • There is a lift in the building for easy access
  • Comes with secure and gated allocated parking space
  • There is also secure bike storage
  • EPC rating B
  • Monthly rental income £1,200

Location information

  • The property is a short walk from the River Thames, Lower Hampton Road Park and Sunbury Park.
  • Local shops are also within a short distance from the property.
  • Nearby railway stations include Sunbury and Kempton Park.

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 Sunbury-on-Thams, Surrey

Sunbury-on-Thames is a town in the Borough of Spelthorne in Surrey and lies around 13 miles south-west of central London.

It is well connected by road with the A316, which becomes the start of the M3 motorway, connecting it to Hampshire via Aldershot, Basingstoke, Winchester and Southampton. The A308 goes towards Staines-upon-Thames and Kingston-upon-Thames, whilst the A244 goes towards Hounslow and Walton-on-Thames.

Sunbury railway station is operated by South Western Railway and runs trains to London Waterloo via Kingston and Clapham Junction. The station is also proposed to be on the Crossrail 2 route, which will provide a new north-south rail link across London.

The closest airport is London Heathrow which is approximately 5 miles away from Sunbury’s centre.

The town has two main local focus points Lower Sunbury and Sunbury Common. Lower Sunbury is locally known as ‘Sunbury village’ which borders the Thames and the M3 and includes over half of the town, whilst Sunbury Common is in the north of town. Some of the local activities include a visit to Sunbury Antiques Market at Kempton Park Racecourse, Sunbury Walled Garden which is home to the Sunbury Embroidery Gallery and the Sunbury Millennium Embroidery, the Riverside Arts Centre and Kempton Park Reservoirs. There are also a number of farms, a golf course, or a riverside horse-riding centre at Beasley’s Ait, a swan sanctuary and a rugby training centre as well as Upper Halliford’s park. There are also a number of activities available on the river Thames such as licensed rod fishing, motor boat hire, skiffing and punting and rowing.

Education is provided by six primary schools, three secondary schools and 5 independent schools. Some of the local big employers include Siemens, European Asbestos Solutions, Chubb and BP.

French Street,

Sunbury-on-Thames,

Surrey,

England,

TW16 5LE

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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.

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