6 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (104 years remaining)
- Investment portfolio of 5 apartments
- 4 X one bedroom & 1 X two bedrooms apartments
- All fully occupied presently
- Immediate rental income
- Annual rental income of £76,140
- Amazing group of existing tenants
- Good condition throughout and well looked after.
- Each with own private outdoor space
- Very long leases
- GUIDE PRICE £ 1,100,000
Each apartment in this impressive portfolio features its own private balcony or patio garden, creating a peaceful space to relax and enjoy the surrounding views. Laleham Heights offers a range of options to cater to different lifestyles and preferences, whether you prefer a cozy one-bedroom apartment or a spacious two-bedroom unit.
The long lease of 113 years remaining ensures that you can continue to benefit from this investment for years to come. Current group of tenants have established a sense of stability, with the majority residing in the flats for a minimum of 5 to 9 years. This demonstrates the desirability and comfort that Laleham Heights provides, as well as fostering a sense of community where neighbours look out for one another and maintain a clean and safe environment.
Investing in this apartment portfolio not only guarantees an immediate annual rental income of £76,140, but also presents great potential for future growth. Moreover, Laleham Heights boasts excellent transport links, with both the Catford train station just a short walk away, allowing for easy access to central London in minutes. Additionally, several bus routes pass through the area, offering convenient travel to various destinations such as Greenwich, Bromley or central London.
Close proximity to Mountfield Park, provides abundant opportunities for outdoor recreation. Whether you enjoy a morning jog, a picnic with friends, or a peaceful walk, this green oasis will surely become a favorite destination for residents of Laleham Heights.
Take advantage of this fantastic opportunity to own a part of this thriving community and secure a prosperous future in the property investment market. Contact us now to discuss and explore the endless possibilities that Laleham Heights has to offer for both short and long-term investors before it goes into auction.
THE GUIDE PRICE IS £1,100,000 OFFERS IN EXCESS OF THIS.
Leasehold Information
Number of years remaining on the lease: 104 years
Current ground rent and any review period:
- £125 per year
Current service charge and any review period:
- £2,100 per year
Council tax band: C
Places of interest
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Property reference Zbaiburehconsorti0003492725. 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 provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Keller Williams - London (Prime).
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Broadband availability and predicted speed: obtained from Ofcom on March 23, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on March 23, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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