Fayland Avenue, Garrick House Fayland Avenue, SW16

BUY TO LET INVESTORS ONLY-SOLD WITH TENANTS IN SITU

CURRENT RENT £1400 PCM

LEASEHOLD- 125 years from 24 March 1986 with 84 years remaining (Circa £4000 to extend)

SERRVICE CHARGE CIRCA £1.200 PA

PEPPERCORN GROUND RENT (FREEHOLDER WANDSWORTH COUNCIL)

EPC D-Potential C

Offered with tenants in situ, this lovely one-bedroom top floor apartment is set within the sought-after Garrick House, an attractive purpose-built development (circa 1950/1960’s) on the desirable Fayland Avenue.

Generating an approximate 7% gross rental yield, the property represents an excellent turnkey investment, providing immediate rental income with strong long-term capital growth potential in a highly desirable South London location.

Flooded with natural light, the spacious reception room opens directly onto a private balcony, creating an ideal space to relax or entertain. The separate fitted kitchen offers ample storage and worktop space, while the generous double bedroom provides plenty of room for wardrobes and additional furniture. The hallway also has a built in storage cupboard A well-appointed bathroom completes the accommodation.

Further benefits include plenty of off road (unallocated) parking for residents, and well maintained communal gardens

Location

Fayland Avenue is a peaceful, tree-lined residential road, ideally positioned for the excellent amenities of Streatham, Tooting and Balham.

Residents enjoy an excellent selection of cafés, restaurants, bars, supermarkets, gyms and independent shops, while nearby Streatham, Streatham Common and Tooting stations provide convenient connections into Central London.

The expansive green spaces of Tooting Bec Common and the renowned Tooting Bec Lido are both within easy walking distance, offering an exceptional lifestyle alongside outstanding commuter convenience.

Investment Opportunity

Being sold with tenants in situ, this apartment offers investors an opportunity to acquire a fully let property producing an approximate 7% gross rental yield from completion. Apartments within Garrick House are consistently sought after due to their generous proportions, attractive period architecture and superb location, supporting strong tenant demand and long-term investment performance.

Why Buy This Property?

• Approx. 7% gross rental yield

• Tenants in situ with immediate rental income

• Attractive 1930s purpose-built development

• Top floor position with excellent natural light

• Private balcony

• Spacious, well-maintained accommodation

• Excellent transport links into Central London

• Close to parks, cafés, restaurants and leisure facilities

• Strong long-term investment potential

An excellent opportunity to acquire a well-presented apartment in one of South London's most desirable residential locations, offering immediate income and outstanding investment credentials.

Early viewing is highly recommended.

A Buyer’s Reservation Fee forms part of any agreed purchase price. Please contact branch for more information.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: MP has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: MP has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Parking - Off street

Unallocated