Description

Chelsea is an affluent area in south-west London in the borough of Kensington & Chelsea, it is situated 3 miles south-west of Charing Cross station.

London is famous for its fantastic transport routes and this property is no exception. Just a short 8-minute walk from this station is Gloucester road which operates London underground services on the Circle & District line and the Piccadilly line. From which one can travel to destinations in the West End, Central and the City of London.

The borou Continued...

Letting fees

Vesta has two fee options for Sellers - £900 upfront (including VAT) or £1,500 (including VAT) on completion. For Sellers that would prefer Vesta to manage all their viewings there is an additional charge of £300 for unlimited viewings.

Buyers will be required to pay a 'commitment' fee of £900 (including VAT) fee on their offer being accepted by the Seller. Once this fee is paid the property will be removed from the market and Vesta will be instructed to submit no further offers to the Seller.

Property features

  • Fully tenanted investment property
  • 3.6% Gross Rental Yield
  • £21,600 rent per annum
  • 16.35% hpi (last five years)
  • EPC
Travel time to work:

  • Gloucester Road - 0.61km, 9 mins walk
    • Circle
    • District
    • Piccadilly
  • South Kensington - 0.66km, 10 mins walk
    • Circle
    • District
    • Piccadilly
  • Earls Court - 1.02km, 15 mins walk
    • District
    • Piccadilly

Rental Yield

Average rental value

£552pw

Average weekly rent of nearby 1 beds.

Annual rental yield

4.8%

Gross yield if rented for the average rent.

Sale price

Average asking price

£643,407

Average asking price of nearby 1 beds.

Value for money

7% 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.

Similar properties within 500m

Loading

Marketed by

Vesta Property
29 Charlotte Road, London, EC2A 3PF

020 8115 4124

Contact agent