Gressenhall Road, London
- PROPERTY TYPE
House of Multiple Occupation
- BEDROOMS
4
- BATHROOMS
1
- SIZE
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Key features
- Chance of Significant Capital Appreciation: Property values in Wandsworth have shown consistent growth, offering potential for long-term capital appreciation and ensuring a secure investment.
- Prime Location: Situated in the highly sought-after Wandsworth area, the property benefits from excellent local amenities, transport links, and a vibrant community.
- Desirable Residential Area: Wandsworth is known for its leafy streets, vibrant community, and high quality of life, making it a preferred choice for tenants.
- Excellent Transport Connectivity: Easy access to Wandsworth Town and Earlsfield railway stations, Southfields Underground Station, numerous bus routes, and major road networks.
- High Rental Income: 48 Gressenhall Road generates an impressive annual income of £40,200, offering a gross yield of 7.31% making it a lucrative investment opportunity.
- Professional Management: Fully managed by a dedicated local agent, ensuring seamless operations, high tenant satisfaction, and minimal vacancy rates.
- Strong Tenant Demand: The property attracts young professionals due to its proximity to central London, excellent transport links, and quality local amenities.
- Diverse Employment Opportunities: Close to major employment hubs like Clapham Junction and Vauxhall, as well as central London’s vast job market, ensuring a steady influx of tenants.
Description
Introducing 48 Gressenhall Road, SW18 5QJ – a superb 4-bed maisonette HMO situated in the highly sought-after Wandsworth area. This property generates an impressive annual income of £40,200 and is fully managed by a dedicated local agent, ensuring seamless operations and tenant satisfaction. Boasting excellent condition and a well-run management system, this investment offers both stability and potential for future growth.
The maisonette’s prime location in Wandsworth enhances its appeal, providing easy access to local amenities, transport links, and recreational facilities. With its strong rental income and attentive management, 48 Gressenhall Road stands out as an exceptional investment opportunity in a popular and thriving community.
Income Breakdown (Monthly):
Room 1: £800.00
Room 2: £800.00
Room 3: £800.00
Room 4: £950.00
Total Monthly Income: £3350.00
Annual Income: £40200.00
Expenditure Breakdown (Monthly):
Gas: £93.00
Electric: £64.12
Water: £43.53
Council Tax: £80.00
TV License: £13.30
Broadband: £29.69
Management: £221.00
Total Monthly Expenditure: £544.64
Annual Expenditure: £6,535.68
Net Annual Income: £33,664.32 (calculated as Total Income - Total Expenditure)
Gross Yield: 7.31% (calculated as Annual Income / Purchase Price)
Net Yield: 6.12% (calculated as Net Annual Income / Purchase Price)
Commentary:
The room rates and expenditure figures are based on current data. The property's financial performance indicates a gross yield of 7.31% and a net yield of 6.12%, reflecting its potential as a valuable investment. This financial summary does not account for potential vacancy periods or additional management costs not listed, which could impact net income and yield calculations.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Gressenhall Road, London
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Southfields Station0.4 miles
- East Putney Station0.6 miles
- Putney Station0.8 miles
Notes
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Visit our security centre to find out moreDisclaimer - Property reference XFG-84650986. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by HMO Sales Expert, Bournemouth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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