Description

DescriptionAn ideal first time buy or buy-to-let investment opportunity. This well presented one bedroom purpose built ground floor apartment is conveniently tucked away in the quiet and popular 'Kings Place' development which is within walking distance of Colliers Wood Northern Line and local retail parks. The property offers generous living space throughout including lounge, kitchen, double bedroom and bathroom, further benefits include telephone entry system, allocated off street parking and a long lease.

Letting fees

Please see our website for Landlord fees

The asking rent does not include charges that may be payable before and/or during the duration of the tenancy, therefore you may be required to make one or more of the following permitted payments:

A holding deposit (up to 1 week's rent)
A tenancy deposit of 5 weeks' rent
A payment of up to £50 inc VAT to alter the tenancy agreement, when requested by a tenant, or reasonable costs incurred if higher
Interest at a rate of 3% above the Bank of England’s base rate, for late payment of rent (which is more than 14 days overdue)
A payment of £10 inc VAT for the replacement of a lost key or security device
Payments associated with early termination of the tenancy when requested by the tenant
Payments to service providers in respect of utilities, communication services, TV licence and council tax
Other payments, permitted under appropriate legislation, including damages.
The agent is a member of The Property Ombudsman Limited, which is a redress scheme, and Propertymark, which is a client money protection scheme.

Property features

  • Allocated Parking
  • Ground Floor
  • Ideal First Time Buy
  • Long Lease
  • One Double Bedroom
  • Popular Modern Development
  • Purpose Built
  • Quiet Location
  • Walking Distance to Colliers Wood Tube Station
  • Telephone Entry System
Travel time to work:

  • Colliers Wood - 0.71km, 11 mins walk
    • Metropolitan
    • Northern
  • Tooting - 1.24km, 19 mins walk
    • National Rail
  • South Wimbledon - 1.24km, 19 mins walk
    • Northern

Rental Yield

Average rental value

£232pw

Average weekly rent of nearby 1 beds.

Annual rental yield

4.7%

Gross yield if rented for the average rent.

Sale price

Average asking price

£262,483

Average asking price of nearby 1 beds.

Value for money

3% cheaper

This property is slightly cheaper than average.

Price growth

Last 5 year price growth

Property prices in this area have increased at this rate per year over the last 5 years.

Estimated Value in 5 years

If historic price growth continues, this property could be worth this much in 5 years.

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Marketed by

C James & Co
190-192 High St Colliers Wood, Wimbledon, London, SW19 2BN

020 3478 3355

Contact agent