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Residential Investment opportunity

England, United Kingdom

76%

£8.100.000

Residential investment

#13851

Core+

28 Oct 2024

Property Details

Broker

Deactivated

10,300 sq.ft.

957 m²

Leasable area

15

786.41 £/sq.ft.

8,463 £/m²

5.60 %

Freehold

X

Fees

0.00 %

0.50 %

0.00 %

0.50 %

Investment Overview

A unique opportunity to purchase a newly redeveloped residential-led scheme in the heart of Wimbledon: Freehold, held by a UK SPV. 15 brand new high-quality flats and two retail units, a roof terrace and a gym.ƒ The closest residential site to Wimbledon Station. 6 private parking spaces with electric charging infrastructure. Estimated rental income of £452K p.a. reflecting 5.6% gross yield. Significant redevelopment potential for 4x larger NIA residential-led scheme with supporting pre-approval from April 2021 ƒ To be sold by transfer of SPV shares, allowing SDLT of 0.5% of purchase price Attractive optional let+manage SLA.