2 Bed Apartment House For Sale Surbiton Hill Park, Surbiton, KT5

£340,000- Apartment

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Last Updated: 10th April 2024

Description

ATTENTION INVESTORS – GENERATE INSTANT INCOME ON THIS ALREADY TENANTED INVESMENT OPPORTUNITY! Spacious two bedroom apartment in Surbiton. Enquire today to avoid disappointment.\r
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yieldit are pleased to offer to market this excellent two-bedroom apartment located in Surbiton, with a fantastic net yield of 5% NET with scope to improve further. The apartment is perfectly situated in a highly desirable development, offering secure and gated entry, a communal garden and allocated parking. Internally, the second-floor apartment consists of a lovely bright open plan living space with dining area; fully-fitted kitchen; two double bedrooms; the master with ensuite and fitted wardrobes; and family bathroom with three-piece suite.\r
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Hill Park House is enviably located, being within walking distance of Surbiton mainline railway station which offers fast and frequent connections into London making it the ideal base for commuters and those wanting to be within easy reach of central London. Surbiton town centre is a short 10 minute walk for all necessary everyday amenities with a range of local shops, supermarkets and high quality restaurants, pubs, bars and cafes. \r
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Surbiton is a sought-after investment location, offering a mix of urban convenience and suburban tranquillity. The property market in Surbiton has shown resilience and steady growth, making it an attractive choice for investors. With its proximity to London and excellent transport links, the area continues to draw interest from both tenants and buyers. Overall, sold prices in Surbiton Hill Park over the last year were 28% up on the previous year making this a wonderful investment choice. Don’t miss out and enquire today.

Financial Breakdown

Gross Rent: £18,600.00
Net income: £16,930.00
Gross yield: 5.47%
Net yield: 4.98%
Please contact agent for full financial breakdown.

IMPORTANT NOTE TO PURCHASERS: 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 or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

yieldit ref: YL-07639
Agent Details
yieldit
Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.

Investment Analysis

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Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested