Video Viewing | 3rd Floor | 775 SqFt | Modern Kitchen | Three Bedrooms | 7.3% Gross Yield | Chain Free | Perfect First Time Buy | 91 Years Remaining Lease | Service Charge £960 Per Annum | Ground Rent £10 Per Annum | Superb Transport Connections
A bright and airy three bedroom that is perfect for first time buyers looking to get onto the property ladder, or for a seasoned investor that is expanding their portfolio.
This 3rd-floor apartment is in a great condition throughout and features a modern kitchen that leads through to the reception room, three brilliant size double bedrooms, a bathroom, and a separate W.C.
The apartment is currently let on an AST at £2,425 per month. This gives an annual rent of £29,100 which is a gross annual yield of 6.6%. However, the property will be sold with vacant possession upon completion.
Lulworth House is located within 0.5 miles of Nine Elms station (Northern Line) and 0.6 miles to Vauxhall Station (Victoria Line and National Rail) which provides quick access into the central London.
Local amenities are in an abundance with several shops and restaurants close by. The attractive Vauxhall Park is a couple minutes walk and provides ample outside space to enjoy.
Lease Length: 125 Years from 1990 (92 years remain)
Service Charge: £960 per year
Ground Rent: £10 per year
Local Authority: Lambeth Council
Council Tax: Band C