Description

This ground floor 2 bedroom flat is perfect for first time buyer and investors alike, given the combination of its smart modern interior and a super convenient location close to New Malden’s bustling High Street and its mainline station. There is direct access from the dual aspect living room to a communal garden and in addition to a separate kitchen there is an en-suite shower room to the main bedroom as well as a further bathroom. An off-street parking space to the rear of the block is also a real bonus.

EPC Rating C

Property features

  • Ground floor 2 bedroom apartment
  • Bathroom and en-suite shower room
  • Generous reception room
  • Direct access to communal gardens
  • Under floor heating
  • Remaining lease 113 years
  • Ground rent £200 pa
  • Service charge £165 pa
  • Ideal first purchase or investment
  • Parking
Travel time to work:

  • New Malden - 0.51km, 8 mins walk
    • National Rail
  • Motspur Park - 1.42km, 21 mins walk
    • National Rail
  • Berrylands - 1.49km, 22 mins walk
    • National Rail

Rental Yield

Average rental value

£296pw

Average weekly rent of nearby 2 beds.

Annual rental yield

4.3%

Gross yield if rented for the average rent.

Sale price

Average asking price

£384,933

Average asking price of nearby 2 beds.

Value for money

6% 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

Curchods - New Malden
31 High Street, New Malden, KT3 4BY

020 8115 3133

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