Edwyn House

Edwyn House, 5 Neville Gill Close, Wandsworth, London, SW18 4BW

Asking Price: £250,000
Tenure: Leasehold | Council Tax Band A

Prime Investment Opportunity in Wandsworth

Pure Investor are proud to present this two-bedroom flat, located on the third floor of Edwyn House. This property is tenanted and offered with no forward chain, making it an ideal choice for investors seeking immediate rental income.

The flat benefits from double glazing, electric heating throughout, and off-street parking. The building holds a valid EWS1 Certificate (A1 Rating) and provides lift access to all floors.

Key Features

• Two-bedroom flat
• Forward chain
• Tenanted for immediate investment
• Off-road parking available
• Third-floor flat with lift access
• Convenient residential location
• EWS1 Certificate – A1 Rating

The Property

The interior comprises:

• Reception room
• Two double bedrooms
• Fitted kitchen
• Family bathroom

This leasehold flat has 92 years remaining on the lease, with ground rent and service charges combined at £1,300 per annum.

Location

Situated in the popular area of Wandsworth, the property is close to:

• Shops, supermarkets, restaurants, and pubs
• Excellent transport connections from Wandsworth Town Train Station to Waterloo
• Local bus routes for easy commuting

Investment Highlights

This property is currently tenanted with a rental income of £1,700 pcm, offering investors immediate returns.

Financial Assumptions:

• Asking Price: £250,000
• Deposit (25%): £62,500
• Mortgage (75%): £187,500 at 5% interest-only
• Ground rent & service charge: £1,300 per year
• Annual Rental Income: £20,400

Annual Costs

• Mortgage interest: £9,375
• Ground rent & service charge: £1,300

Total Annual Costs: £10,675

Net Annual Income: £9,725

Gross Yield & Cash-on-Cash ROI

This demonstrates a strong income-generating opportunity for investors with tenants in situ.

Summary

Edwyn House offers:

• A ready-made investment with tenants providing immediate income
• Off-road parking and lift access
• Leasehold with 92 years remaining and valid EWS1 certificate
• Convenient Wandsworth location with excellent transport links

This property represents a low-maintenance, high-yield investment, ideal for both first-time investors and portfolio expansions.

LET PURE INVESTOR TAKE THE STRAIN AWAY …

We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio. From London to Lancaster, from Cardiff to Colchester, we provide a fully managed service for landlords looking to minimise costs and maximise efficiency.

• Fully managed lettings and property management service
• Comprehensive coverage throughout England and Wales
• One team, one fee across your full portfolio
• Rental income protection available
• Transfer your existing properties quickly and easily

If you would like to find out more about our lettings and property management service, or discover how much we could save you each month, please contact our team on Tel: 0161 337 3890

Get in touch with the team