- Investment portfolio of 5 apartments
- 4 X one bedroom & 1 X two bedrooms apartments
- All fully occupied presently
- Immediate rental income
- Annual rental income of £76,140
- Amazing group of existing tenants
- Good condition throughout and well looked after.
- Each with own private outdoor space
- Very long leases
Introducing Laleham Heights, located less than half a mile from the vibrant Catford main town centre, which is filled with an array of shops, bars, and restaurants. Here, you have the opportunity to acquire a portfolio of 4 one-bedroom apartments and 1 two-bedroom apartment.
Each apartment in this impressive portfolio features its own private balcony or patio garden, creating a peaceful space to relax and enjoy the surrounding views. Laleham Heights offers a range of options to cater to different lifestyles and preferences, whether you prefer a cozy one-bedroom apartment or a spacious two-bedroom unit.
The long lease of 113 years remaining ensures that you can continue to benefit from this investment for years to come. Current group of tenants have established a sense of stability, with the majority residing in the flats for a minimum of 5 to 9 years. This demonstrates the desirability and comfort that Laleham Heights provides, as well as fostering a sense of community where neighbours look out for one another and maintain a clean and safe environment.
Investing in this apartment portfolio not only guarantees an immediate annual rental income of £76,140, but also presents great potential for future growth. Moreover, Laleham Heights boasts excellent transport links, with both the Catford train station just a short walk away, allowing for easy access to central London in minutes. Additionally, several bus routes pass through the area, offering convenient travel to various destinations such as Greenwich, Bromley or central London.
Close proximity to Mountfield Park, provides abundant opportunities for outdoor recreation. Whether you enjoy a morning jog, a picnic with friends, or a peaceful walk, this green oasis will surely become a favorite destination for residents of Laleham Heights.
Take advantage of this fantastic opportunity to own a part of this thriving community and secure a prosperous future in the property investment market. Contact us now to discuss and explore the endless possibilities that Laleham Heights has to offer for both short and long-term investors before it goes into auction.
THE GUIDE PRICE IS £1,200,000 OFFERS IN EXCESS OF THIS.
Number of years remaining on the lease: 104 years
Current ground rent and any review period:
- £125 per year
Current service charge and any review period:
- £2,100 per year
Council tax band: C