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Lockington Road, London, SW8

£5,369,900
Added on 01/12/2020
Vesta, London
PROPERTY TYPE
Block of Apartments
BEDROOMS
x12
BATHROOMS
x12
SIZE
5,200 sq. ft.
(483 sq. m.)

Key features

  • Fully tenanted investment properties
  • 6 x 2-bed & 2-bath apartments
  • Located on floor 6, 8 & 11
  • Aggregate rental income: £163,580 pa
  • Aggregate gross yield 3%
  • 6.9% HPI (last five years)

Property description

Tenure: Leasehold

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 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: £13,607
- Aggregate annual rental income: £163,280
- 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

Energy Performance Certificates

EPC 1

Lockington Road, London, SW8

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Queenstown Road (Battersea) Station0.1 miles
  • Battersea Park Station0.1 miles
  • Wandsworth Road Station0.5 miles
Mortgages
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Market information
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About the agent

Vesta, London

Aston House, Cornwall Avenue, London, N3 1LF

Vesta, London
Vesta. A simpler way to buy. A smarter way to sell
Marketplace for residential investment property 

Vesta is the marketplace for buying and selling rental property

  • Most properties are sold tenanted, meaning you earn rental income from day one and the tenant gets to stay at home.
  • All properties come with rental, yield and tenancy information, including rental history for absolute clarity.
  • Investment guides and property management services avail
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Disclaimer - Property reference VES-SW8-003. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Vesta, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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