Rushmere House, Fontley Way, Wandsworth, London, SW15 4LZ

yieldit are pleased to offer to market this excellent two-bedroom apartment located in the investment hot spot of Wandsworth, with a fantastic net yield of over 6% NET with realistic scope to improve this further. The apartment consists of a spacious open plan living and dining area, two well-proportioned bedrooms of a good size and family bathroom with separate W.C. The third floor apartment also boasts it’s own private balcony which overlooks the communal green.

The south London district of Wandsworth is home to five town centres, some of the best parks and commons and a range of bars, restaurants and shops for residents to enjoy. The borough is perfect for working professionals and renters as it is excellently connected thanks to Wandsworth Town Train Station, Clapham Junction Railway Station and East Putney, Clapham South, Tooting Bec and Balham underground stations (Northern Line) provide connections into both the City and the West End. The desirability and connectivity of this area will ensure this property is always in demand on the rental market and providing healthy returns.

Wandsworth has been a top performer in London’s prime property market over recent years, accounting for some of the highest levels of £1million pound property transactions. According to figures obtained from Rightmove, prices are steadily increasing at an impressive rate with prices up by 4% in the last year and by 8% since the 2021 peak. Such evidence confirms now is an excellent time to look to invest in property in this area, so don’t miss out and enquire today for further details.

Please note, lettings and management fees may apply.

Financial Breakdown

Gross Rent: £18,900.00
Net income: £17,268.99
Gross yield: 7.56%
Net yield: 6.91%
Please contact agent for full financial breakdown.

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

yieldit ref: YL-07637