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2 bed Flat For Sale £320,000
Esme House, Ludovick Walk, London SW15


Description
Yieldit are proud to present to the market this magnificent ninth floor apartment which has been recently redecorated to an excellent standard and is freshly carpeted throughout, consisting of; two well-proportioned bedrooms with handy storage cupboards; a beautiful new high-quality kitchen; a luxurious bathroom with three-piece suite and a spacious living room with large window providing stunning panoramic views of London. Parking is available with a permit. The property is currently not tenanted so is available to either owner occupiers or investors, with a fantastic anticipated rental income of £16,800 and the opportunity to yield above 4% net.

Esme House is excellently located, set back from the main road it offers a peaceful base for those still wanting to be close to the heart of the city. Located in the ever-popular southwest area of London, Putney is known for it’s lovely safe neighbourhood and community so it’s easy to see why it’s so popular amongst renters. Central London is just 6 miles away and Barnes Mainline Station is a short 10-minute walk along with several other convenient transport links. Leisure facilities and outdoor spaces are plentiful with Putney and Barnes Common and Richmond Park all within easy reach and the area also boasts a low crime rate and fantastic schools for all ages which are highly by Ofsted.

The average price of a flat in Putney over the last 12 months stood at £523,308 which makes this a brilliantly priced opportunity for investment and sales prices in the area have increased by an impressive 17% since 2016 which means the potential for capital growth is also very strong. The city has one of the strongest rental markets with demand for properties such as Esme House always in high demand, so this is an investment not to be missed and we don't expect this property to be around for long so don’t miss out and enquire today.

Financial Breakdown

Gross rent: £17,400
Service charge: £1,334
Net income: £16,066
Gross yield: 5.44%
Net yield: 5.02%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
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 must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-06884

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