2 bedroom apartment for sale
Dilke st, Chelsea, London SW3>
Omny Group presents a rare but lucrative opportunity to purchase this property with five years remaining on the leasehold. The apartment benefits from a superb central London location, with principal commercial, leisure and shopping areas all within easy reach by public transport.
This specialised serviced accommodation property offers high rental income, with a projected £74,580 in profit over the full term and this leasehold purchase has 5 years remaining.
Please see our financial breakdown:
Figures based on an estimated annual average occupancy of 75% pcm and annual projected average daily rate of £200
Projected monthly figures:
Projected rental income = £4,550
Projected management costs (15% of rental income) = £682
Monthly lease payment = £2,225
Projected bills (a variable cost based on the property in terms of utility bills i.e council tax, water, electric, gas etc.) = £400
Potential average NET monthly income = £1,243
Potential average NET annual income = £14,196
Potential average NET income over 5 year term = £74,580
*Disclaimer – There is no option to purchase the property at the end of the term. Tenants may choose to self occupy this apartment although Omny Group would advise that this property is set up for and used as serviced accommodation utilising the corporate lets and/or the short lets model. The figures provided in the financial breakdown are potential or projected figures that have been sourced from the Global Serviced Apartments Industry Report 2019/2020; however Omny Group are not able to offer any performance guarantees.*
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Property reference 2j-YxMlZeb0. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Omny Group - Canary Wharf. Please contact the property advertiser 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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