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£10,995

2 bedroom apartment for sale

Dilke st, Chelsea, London SW3

Under offer
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Apartment
2 bedroom
0 bathroom

Property description

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.*

    Omny Group is an established property consultancy, providing expert residential and commercial real estate guidance to investors and developers throughout the UK and overseas.Since 2009, we have provided countless UK and international, private and institutional buyers with tailored end-to-end acquisition and disposal consultancy services – helping them to turn potential into profit.We look at sites with a different perspective, one where every property or piece of land has potential. We see value where others don’t and create value where others can’t. The process for identifying suitable new investments begins with the Investment Plan, and the selection criteria that are set to assist the team in identifying suitable stock. We have an extensive network of market contacts used to generate a strong flow of new opportunities, from which the best assets can be selected. In many cases it is possible to identify properties that are off-market or have not been widely advertised. New acquisitions typically need to meet four key selection criteria: Strong local property market fundamentals; An established or developing rental market; and Good rental growth prospects; Acceptable condition, specification and running costs.

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