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£1,750,000 1750000.00

Lavender Hill, SW11

  • 6
  • 4
  • 6
2673 ft2
248 m2

Overview

This freehold opportunity presents itself to an investor with all 4 properties having current rental agreements, giving a purchaser guaranteed income from the start of the transaction.

The property is being sold as freehold and the individual flats currently do not have leases attached to them. This is a unique opportunity for a buyer to create new leases as and when they feel suitable.

The building compromises of 4 units as per below:

1.Lower Ground Floor – 2 bedroom garden flat, 731 sq ft.
2. Raised Ground Floor – 1 bed flat with a roof terrace, 470 sq ft.
3. First Floor – 1 bed flat with no outside space, 466 sq ft.
4. Top Floor Flat – 2 bedroom split level flat with a balcony, 857 sq ft.

Currently the four flats generate the current owner £73,112 per annum of rental income which equates to £6,093 per calendar month or £1,406 per calendar week.

At the asking price the property generates a gross rental yield of 3.6556% with the view to also install new leases.



The information contained in these particulars is for general information purposes only. Douglas & Gordon does not provide information or give any warranty with regards to train, tube, tram lines or flight paths. Prospective purchasers or tenants are advised to carry out their own research if they have any concern about train, tube, tram lines or flight paths.
  • Key info
    • 6 bedrooms, 4 bathrooms, 6 receptions
    • Gross Floor Area: 2673 sq ft (248 m²)
    • Tenure: Freehold
    • Local authority: Wandsworth
    • Council tax band: D
  • Nearby stations
    • transportClapham Junction 1130m (14mins)
    • transportClapham Common 1210m (15mins)
  • Additional features
    • 6 bedrooms
    • 4 bathrooms
    • 6 reception rooms
    • Freehold
    • Roof Terrace
    • Garden
    • Balcony
    • Gross Per Annum £73,112
    • Purchasing with Tenants in Situation
    • 4.17% Gross Yield

Area map

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