Anerley Road

ABOUT THE PROPERTY

This apartment has been finished to a contemporary standard throughout, offering a clean and low-maintenance investment. The accommodation comprises:

• Entrance hallway
• Open-plan kitchen and dining room
• Generous reception room / home office
• Good-sized double bedroom
• Contemporary shower room

The property benefits from an abundance of natural light, is offered unfurnished, and tenants moved in last year, meaning there is no void period and rental income begins immediately.

THE INVESTMENT FIGURES

• Asking Price: £270,000
• Current Rent: £1,550 pcm (£18,600 per annum)
• Gross Yield: 6.89%
• Lease: Approximately 90 years remaining (extension enquiry with freeholder currently in progress)
• Ground Rent: Zero
• Service Charge: No fixed service charge – owners simply contribute towards any maintenance or repair costs on an as-and-when basis, keeping ongoing outgoings low and predictable. We are in the process of having a breakdown sent of the average costs of this for the past number of years from the current owners

This structure is particularly attractive for investors looking to minimise fixed annual costs.

LOCATION HIGHLIGHTS

• Short walk to Anerley station – direct links into Central London and the Overground network
• Crystal Palace Park close by – one of South London’s most popular open spaces
• ‘The Triangle’ nearby – independent shops, cafés, bars, restaurants, cinema, and gym
• Local supermarkets and everyday amenities on the doorstep
• Strong rental demand from commuters and young professionals in the SE20 area

This is a ready-made investment with modern finishes, an established tenancy, and very low fixed running costs – an excellent addition to any portfolio.