Block of flats for sale in Lockington Road, London SW8

£5,369,900 (£1,033/sq. ft)
Block of flats for sale 6 5,200 sq. ft*
Interested in this property? Call +44 20 8115 4124 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Fully tenanted investment properties
  • 6 x 2-bed & 2-bath apartments
  • Located on floor 6,8 & 11
  • Aggregate rental income: £163,280 pa
  • Aggregate gross yield 3%
  • 6.9% hpi (last five years)
  • Video walkthrough available upon request

Property description

This is an investment opportunity to purchase a 6-unit portfolio in London generating £163,280 rent pa. All apartments are located in the same building.

The vendor is open to selling individual units, please get in touch if you are interested

Portfolio information:

- 6 apartments in the same block
- There are 2 apartments on the 6th, 8th and two apartments on the 11th floor
- Each apartment has 2 bedrooms and 2 bathrooms
- EPC ratings B
- Each apartment comes with the following specifications:
* Open plan kitchen/reception room
* Sunroom with views over London accessed via the kitchen
* Main bedroom comes with ensuite bathroom and built-in wardrobe
* There is ample storage in the hallway
* Underfloor heating throughout
* Mechanical ventilation system
* Video entry system & CCTV in all communal and external areas
* Concierge service
* Lift access to all floors
* Access to private residents-only gym
* Secure cycle storage
- The property is managed by a third party

Rental income:

- Aggregate monthly rental income: £13,606.68
- Aggregate annual rental income: £163,280.16
- Aggregate gross yield: 3%

Location information:

- The properties are located in the heart of Battersea in the Nine Elms area
- Nine Elms is a transformative regeneration project which will encompass living, shopping, work, school and leisure
- Battersea Park railway & Overground station and Queenstown Road railway station are a short walk away
- Battersea Park is around a 6-minutes walk from the properties

Available upon request:

- Portfolio breakdown
- Leasehold breakdown per unit
- EPCs for all units

Property info

Floorplan(s): Floorplan 1 Floorplan 2

View original

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Vesta Property, N3 on +44 20 8115 4124 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Vesta Property, and do not constitute property particulars. Please contact Vesta Property for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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