Old Brompton Road, London, SW5 2 bed apartment for sale

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Old Brompton Road, London, SW5 2 bed apartment for sale

Old Brompton Road, London, SW5
£475,000

Our Summary

  • Good room proportions, well insulated, convenient location, lucrative rental (currently achieving a 7% yield) and a buyer will benefit from an extended lease at no extra cost to them on completion of a sale

Description

This two-bedroom apartment in a smart purpose-built block offers great value for money, with a convenient location opposite West Brompton Station and near Earls Court underground. The property boasts good room proportions, is well-insulated, and has a lucrative rental yield of 7%. The buyer will also benefit from an extended lease at no extra cost, with 174 years remaining. The apartment is situated near the public communal gardens of Redcliffe Square and the Royal Park at West Brompton, and is priced at £475,000, making it a rare find in the Kensington area. The property is leasehold, with a peppercorn ground rent and a service charge of around £2,000 per annum.