Flat C, Connor Court, Alfreda Street, Battersea, London, SW11 5HF
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Read more Read moreLong leasehold ground floor purpose built self-contained flat Investment - with option of vacant possession on completion Video Tour: Location: This Immaculate ground floor flat is situated on Alfreda Street which is located off Battersea Park Road. Public transport links include Battersea Power Station (Northern Line), Battersea Park station, Clapham Junction national rail station with links to the City and Gatwick Airport and beyond. Further transport is provide by a network of local bus services serving the surrounding vicinity with road links including the A3205, A205 and A3. Recreational pursuits can be found locally at the open spaces of Battersea Park, Battersea Square and the River Thames. Description: Immaculate long leasehold ground and raised ground floor purpose built self-contained flat. Accommodation: Raised ground floor: Two bedrooms, bathroom/WC Ground floor: Open plan reception room/kitchen, entrance hall, utility cupboard EPC rating: C Council Tax Band: B Tenancy: The property is currently let on short terms let’s via Airbnb, Vrbo, Booking.com and Plumguide. The seller advises us that the rental income for the year 2022 was £51,883.91. 2023 is set to achieve approximately £59,530.20 with a current average occupancy rate of 78%. The flat has already received preliminary future bookings with a current income of approximately £41,307.07. Please refer to the legal documents for further information and a breakdown of accounts for 22/23 and schedule of bookings for 2023, buyers must rely on their own research in this respect. Please note vacant possession can be provided on completion if requested on date of exchange to the seller’s solicitors. Estimated Rental Income: Approximately £59,530.20 per annum on short term lets Lease: Held on a long lease for a term of 125 years from 7th August 2017 (Thus having approximately 119 years remaining) at a ground rent of £10 pa. To view: The property will be open for internal inspection on the following dates and times; Monday 15th May at 2pm – 2.30pm Wednesday 17th May at 11am – 11.30am Sunday 21st May at 2pm – 2.30pm.
