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
-
Estimated deposit
-
Purchase fees
-
Don't have enough deposit?
Explore how to invest together
Your total return by 2035
-
Annual return
-
Rental growth p.a.
-
Cap growth p.a.
-
Rental income p.c.m.
-
Gross yield
-
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
Need a mortgage to finance this property?
GetGround can help!
Mortgages based on the following:
I have a £0 deposit and live in GB
We couldn't find mortgages based on your criteria
Edit details or click below for a more advanced mortgage search.
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
Graham
Buy-to-let investor
“The Getground service really makes the process of setting up and running a SPV company, and associated banking, a seamless easy process all for a low monthly fee. Support has always been on hand when needed with help for accounting submission etc. Highly recommend!”
Daniel
Buy-to-let investor
“Overall, a fantastic experience not only with the online system but also with the ultra-fast responsive team that is always there to help whenever needed. The turnaround time is like nothing you have ever seen and the customer experience is seamless.”
Mala
Buy-to-let investor
“Very good service and easy to use for your BTL journey and the best part is you can do big transactions without any hessle. Highly recommend GetGround services to anyone want to start their BTL journey.”
Meet the team