1 bed flat

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1 bed flat

Surrey Lane, London SW11
£200,000

Our Summary

  • For investors, the flat offers excellent rental potential; market rent in the area is £1,700–£1,800pcm (£20,400–£21,600pa), representing around 9

Description

This newly refurbished double bedroom flat is located in a well-connected area near Battersea Park, with a modern kitchen and bathroom, and double glazing installed six years ago. The property benefits from a 115-year lease, modest service charges of £1,020 per annum, and a low ground rent of £10 per annum. With excellent transport links and local amenities nearby, this flat offers excellent rental potential, with market rent in the area ranging from £1,700 to £1,800 per month, representing a gross yield of around 9.3-10.3% at a purchase price of £210,000. With no onward chain, this property is an attractive opportunity for investors looking for a reliable and profitable investment.