1 bed studio for sale
£375,0008 Walworth Road, Southwark, London, SE1 6EG
Bedrooms1TypeStudioRent pcm1750FurnishedFurnished
TenureLeaseholdGround rent225Service charge1200
Tenanted/VacantTenantedAST details12 Monthsuntil2023-05-01
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Very large and modern 34m2 studio flat in Strata ("The Razor") one of the most iconic landmarks of Central London.
The studio flat is beautifully refurbished by an interior designer and currently rented to a reliable long term tenant at £1750/pcm. There is the prospect to increase rent to £2000/pcm at the end of contract term, as some of the other studios in the building rent for over 2k per month. It has been managed as a short term holiday let in the past, with a net monthly income between £3000-£4000 and at 95% occupancy throughout the year.
The property comes fully furnished and with regular rental income from day 1. Ideal rental property for those looking for a substantial and immediate cashflow.
Contact the Landlord / Seller about this property
Gross yield calculator
£
£
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5.6%
Stamp duty calculator
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3% Up to to £250,0007,500
5% £250,001 to £925,00020,000
8% £925,001 to £1.5 million0
15% Over £1.5 million0
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£27,500
Surrounding area
CamberwellBrixton
Westminster
London
Clapham
Stepney
Battersea
Deptford
Finsbury
Chelsea
London