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£450,000

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1 Lux Apartments, 9 Broomhill Road, Wandsworth, SW18 4GG

Residential

flat

apartment

Vacant

2

bed

2

bath

1

reception

Tax band: E

Leasehold

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Floorplan

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Deadline for offers

3 days left

Rare Residential Opportunity

Description

  • PRIME NEW LISTING. We are excited to present this vacant-possession 2-bed apartment located within a prime location in Wandsworth, London.
  • **22, 9 Lux Apartments, Broomhill Road, London SW18 4GG sold for £915,000 in 2023** **13, 9 Lux Apartments, Broomhill Road, London SW18 4GG sold for £610,000 in 2023** **16, 9 Lux Apartments, Broomhill Road, London SW18 4GG sold for £695,000 in 2023**
  • This two-bedroom apartment could achieve a remarkable rental income ranging from £2,500 to £3,000 per month, equating to an impressive £30,000 to £36,000 annually. This reflects a superb 6.5-7.5% yield if bought at the guide price.
  • If utilised as an Airbnb, the property has the potential to generate an exceptional £300 per night. With a 70% occupancy rate, this could equate to an astounding £76,650 per annum, presenting amazing returns and capital growth potential.
  • The property is in fantastic walk-in condition, featuring a contemporary design that is perfect for a discerning owner-occupier looking for their dream home. It also offers abundant potential for customisation.

PRIME NEW LISTING. We are excited to present this vacant-possession 2-bed apartment located within a prime location in Wandsworth, London.

The property comprises two spacious double bedrooms, one of which includes an ensuite for added convenience. The large open-plan kitchen, dining, and living room offers a perfect space for relaxation and entertainment, while the west facing balcony provides an opportunity to enjoy the outdoors. The property also includes an underground secure car parking space.

This two-bedroom apartment could achieve a remarkable rental income ranging from £2,500 to £3,000 per month, resulting in an impressive £30,000 to £36,000 annually. This reflects a superb 6.5-7.5% yield if bought at the guide price.

If utilised as an Airbnb, the property has the potential to generate an exceptional £300 per night. With a 70% occupancy rate, this could equate to an astounding £76,650 per annum, providing amazing returns and capital growth potential.

The property is in fantastic walk-in condition, featuring a contemporary design that is perfect for a discerning owner-occupier looking for their dream home. It also offers abundant potential for customisation.

The property is being offered at a fantastic discount to ensure a sale. It should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**22, 9 Lux Apartments, Broomhill Road, London SW18 4GG sold for £915,000 in 2023**

**13, 9 Lux Apartments, Broomhill Road, London SW18 4GG sold for £610,000 in 2023**

**16, 9 Lux Apartments, Broomhill Road, London SW18 4GG sold for £695,000 in 2023**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our Offer Now button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Wandsworth, located in southwest London, is a vibrant area known for its beautiful green spaces, including Wandsworth Common and the River Thames waterfront. It offers excellent transport links, a range of amenities, and a lively community atmosphere, making it an ideal place for both families and professionals.

Map

Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£11,000

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.