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£465,000
Lillie Road, Fulham, SW6
- 2 beds
£465,000
- 2 beds
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Buy with a mortgage
Estimate monthly mortgage payment:
£2,123 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£23,250
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BUY TO LET INVESTMENT: A mid-terrace freehold building consisting of three self-contained flats, conveniently situated near the green spaces of Lillie Road Recreation Ground.
The property comprises a 2 bedrooms flat on the lower ground and ground floor, currently subject to an Assured Shorthold Tenancy initiated on May 25, 2023, with a monthly rental rate of ?2,050 (?24,600 per annum). Additionally, there are two 1 bedroom flats on the first and second floors, which have been sold off on a long lease, generating a ground rent income of ?500 per annum, resulting in a Gross Initial Yield of 5.39%.
TWO BEDROOM FLAT: The accommodation features a bright and spacious reception room with a access private patio, offering an excellent living and entertainment space, a separate fitted kitchen with integrated appliances on the lower ground floor. The upper ground floor includes two bedrooms and a modern tiled bathroom, complemented by a private patio garden.
The location is advantageous, offering proximity to the amenities and services of Lillie Road, Munster Road, and Fulham Palace Road. It is conveniently located 10 minutes away from Hammersmith Broadway Train Station, providing access to the District Line, Piccadilly Line, and Hammersmith & City Line.
It`s important to note that the property is currently tenanted, and the existing tenants will continue to occupy it upon completion. As a noteworthy detail, the owners and successors in title, as part of the planning permission conditions, are not entitled to residents` parking permits.
TENURE: Freehold
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Council Tax
London Borough Of Hammersmith & Fulham, Band D
Service Charge
?710.63 Yearly
Utilities
Electric: Mains Supply
Gas: Mains Supply
Water: Mains Supply
Sewerage: None
Broadband: None
Telephone: None
Other Items
Heating: Gas Central Heating
Garden/Outside Space: Yes
Parking: No
Garage: No
The property comprises a 2 bedrooms flat on the lower ground and ground floor, currently subject to an Assured Shorthold Tenancy initiated on May 25, 2023, with a monthly rental rate of ?2,050 (?24,600 per annum). Additionally, there are two 1 bedroom flats on the first and second floors, which have been sold off on a long lease, generating a ground rent income of ?500 per annum, resulting in a Gross Initial Yield of 5.39%.
TWO BEDROOM FLAT: The accommodation features a bright and spacious reception room with a access private patio, offering an excellent living and entertainment space, a separate fitted kitchen with integrated appliances on the lower ground floor. The upper ground floor includes two bedrooms and a modern tiled bathroom, complemented by a private patio garden.
The location is advantageous, offering proximity to the amenities and services of Lillie Road, Munster Road, and Fulham Palace Road. It is conveniently located 10 minutes away from Hammersmith Broadway Train Station, providing access to the District Line, Piccadilly Line, and Hammersmith & City Line.
It`s important to note that the property is currently tenanted, and the existing tenants will continue to occupy it upon completion. As a noteworthy detail, the owners and successors in title, as part of the planning permission conditions, are not entitled to residents` parking permits.
TENURE: Freehold
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Council Tax
London Borough Of Hammersmith & Fulham, Band D
Service Charge
?710.63 Yearly
Utilities
Electric: Mains Supply
Gas: Mains Supply
Water: Mains Supply
Sewerage: None
Broadband: None
Telephone: None
Other Items
Heating: Gas Central Heating
Garden/Outside Space: Yes
Parking: No
Garage: No
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£2,123 per month
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Stamp Duty tax
These figures are estimates and are provided for guidance only
Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£2,000
Mortgage and legal costs:
£999
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