Flat 18, Hendfield Court, London, SM6 0JQ
£205,800
When you buy shares, you usually pay stamp duty tax of 0.5% on the price you pay for the shares. As the property continues to be owned by the company, no SDLT is payable.
Financial snapshot
Your initial investment
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Estimated deposit
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Purchase fees
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Your total return by 2036
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Annual return
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Rental growth p.a.
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Cap growth p.a.
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Rental income p.c.m.
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Gross yield
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Indicative returns are based on historic data - please note past performance is not necessarily indicative of future results and actual returns may differ materially from the returns indicated here
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Area highlights
Property snapshot
Apartment
585 sq ft
1 Bedroom
1 Bathroom
Tenanted
Cash only
Tenure - Leasehold
Lease-length
138 years
Ground rent
£20
Service charge
£906.00 per year
Overview
CASH BUYERS ONLY due to low lease (47 years). Situated in Sutton, South London, this one-bedroom flat stands out as a solid investment. Recently renovated, the property offers a contemporary interior and boasts higher-than-average yields, distinguishing it in the local market. Strategically located, the flat provides a convenient commute to the City of London within 30 minutes through the Thameslink. Its appeal is heightened for young professionals seeking a blend of suburban calmness and proximity to job opportunities in the city. Apart from its accessibility, the flat is currently tenanted, ensuring a consistent income. The recent renovations contribute to its overall attractiveness, providing a modern living space that aligns with the preferences of potential tenants. Sutton's appeal lies in its peaceful atmosphere, detached from the urban rush yet well-connected. This property, with its notable yields, recent renovations, and existing tenancy, is a pragmatic investment opportunity, tapping into the demands of the local rental market and the potential growth in Sutton's real estate landscape.
What our customers say about us
Raghda
Buy-to-let investor
“GetGround manages my property from A to Z. The process from the beginning until today is running smoothly. They provided consultation, step by step setup guide, and also the response rate was very high when I contacted their customer care department.”
Michelle
Buy-to-let investor
“I've had a very streamlined and well supported experience starting a corporation through GetGround. I've been treated exceedingly well and couldn't be more pleased with how it has all come together. I would definitely recommend.”
Ricky
Buy-to-let investor
“Set up two companies so far to manage two properties via get ground. Very smooth process and have also had the first years accounts done too. Very simple process so far. Great for managing my small property portfolio.”
Meet the team