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Beddington Gardens, Wallington, Surrey, SM6

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

585 sq ft

54 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Great transport links near Thameslink trains
  • Over 7% yield
  • Tenants in Situ
  • Investment property
  • 1 bedroom
  • Parking space included
  • EPC rating of C
  • New Extended Lease

Description

Situated in Sutton, South London, this one-bedroom flat stands out as a solid investment. Recently renovated, the property offers a contemporary interior and boasts higher-than-average yields, distinguishing it in the local market. Currently a cash only opportunity, the lease is currently being extended by 99 years. A buyer has the opportunity to buy the lease and then extend straight away.

Strategically located, the flat provides a convenient commute to the City of London within 30 minutes through the Thameslink. Its appeal is heightened for young professionals seeking a blend of suburban calmness and proximity to job opportunities in the city.

Apart from its accessibility, the flat is currently tenanted, ensuring a consistent income. The recent renovations contribute to its overall attractiveness, providing a modern living space that aligns with the preferences of potential tenants.

Sutton's appeal lies in its peaceful atmosphere, detached from the urban rush yet well-connected. This property, with its notable yields, recent renovations, and existing tenancy, is a pragmatic investment opportunity, tapping into the demands of the local rental market and the potential growth in Sutton's real estate landscape.

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

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ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

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LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

138 years left

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

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Beddington Gardens, Wallington, Surrey, SM6

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wallington Station0.2 miles
  • Carshalton Beeches Station0.8 miles
  • Carshalton Station0.9 miles
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About the agent

GetGround, London

1 Lyric Square, London, W6 0NB

GetGround, London

Serving the world's buy-to-let investors

GetGround is the Property Investment Platform ? where buy-to-let investors from all over the world can find, finance, structure, and manage their next UK property investment. With 15,000+ customers from over 70 countries, and more than £1bn in property on the platform, we're making it easier than ever for anyone to profit from property.

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Disclaimer - Property reference 2099. 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 GetGround, 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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