Investment Opportunity: Fernwood, Albert Drive, London SW19 6LR
Asking Price: £475,000
Leasehold: Recently extended to 215 years (effective from 1991)
Current Rental Income: £2,220 per month (£26,640 per annum, net, from October 2025, direct with lessor)
Current Service Charges: £1,900 per annum
Property Overview
36 Fernwood is a recently upgraded leasehold apartment situated in a prime Southfields location. The property benefits from a recent lease extension, effectively providing 180 years remaining, ensuring long-term security and investment stability.
The apartment has been refurbished within the last 12 months, including modern updates to the bathroom and other interiors, and features:
- Private Balcony – perfect for outdoor space in central London
- Large Reception Room – bright, spacious living area
- Separate Kitchen – well-appointed for tenants or residents
- High-Quality Finish – modern upgrades throughout
- Proximity to Amenities – 5-minute walk to Southfields tube station, high street shops, and local transport links
- Excellent Local Schools – desirable for professional tenants
Financial Overview & Investment Returns
Lease Income: £2,220 per month / £26,640 per annum (net, from October 2025)
Levies: £1,900 per annum
Net Income: £24,740 per annum
Investment Yield:
- Gross Yield: 5.61%
- Net Yield: 5.21%
Key Investment Highlights
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Secure Leasehold Income: Payments directly with Westminster Council under a full repairing & maintaining lease.
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Long Lease Term: Recently extended to 215 years, providing long-term stability.
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Turnkey Condition: Fully upgraded within the last 12 months; ready for tenants or owner-occupiers.
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Prime Location: Southfields, with excellent transport links, shops, and local amenities.
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Low Management Requirements: No costs to landlord for repairs or maintenance.
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Tenant Appeal: Large reception, separate kitchen, private balcony, and proximity to good schools make it attractive to professionals or families.
Summary
36 Fernwood is a rare leasehold investment opportunity in Southfields, offering:
- A recently upgraded apartment with modern finishes
- Secure lease payments directly from Westminster Council
- Minimal management requirements
- Prime location near transport and amenities
With net yields over 5%, this property represents long-term, low-risk income in a highly sought-after London area, ideal for investors seeking security and stability.
Early viewing recommended for serious investors.
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 offer a fully managed service for landlords looking to minimise costs and maximise efficiency across their portfolio.
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If you would like to find out more about our lettings and property management service, or would like to find out how much we can save you each month, why not contact our team today on Tel: 0161 337 3890 to find out more
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