Description

Coldwell Banker is delighted to present for sale this modern and spacious 2-bedroom ground floor apartment, perfectly located just 5 minutes from Battersea Park.

This property offers a generous living area, a fully fitted modern kitchen and bathroom, and boasts its own private, well-maintained garden. Ideal for investors, this apartment promises a 5.1% gross yield alongside low service charges, making it a smart investment opportunity.

The apartment's private garden is beautifully kept, providing an inviting outdoor space perfect for dog lovers and garden enthusiasts alike. Beyond the private garden, residents also benefit from access to communal gardens, offering an abundance of greenery right outside the door.

Located in close proximity to Battersea Park, this apartment is just a short walk from two Overground stations, making commuting easy. For even more convenience, the iconic Battersea Power Station is nearby, home to an array of shops, cafes, and the Northern Line tube extension, offering quick access to Central London and beyond.

This apartment is a highly attractive option for buy-to-let investors with its excellent 5.1% yield and zero ground rent. Additionally, the lease can be extended for a reasonable cost between £5,000 - £7,000, and with recent developments in parliament, future lease extensions may benefit from a 990-year term.

Key Details:

• Lease term remaining: 92 years (extendable for £5,000-£7,000)
• Service charges: £1,350 PA
• Ground rent: £0
• Current rent: £2,100 PCM (£25,200 PA) yielding 5.1%

With its modern amenities, fantastic location, and great investment potential, this property is sure to be in high demand. Viewing is highly recommended, so contact us today to book your viewing before this opportunity slips away!

Note: Pending legislation expected in 2024 may offer further advantages regarding lease extensions.