Package of 6 apartments, London, UK

Additional information is provided after the signing of an NDA

Package of 6 apartments, London, UK

£9,950,000
£17,155 /m²
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  • Total area
    580 m²
  • Yield
    1.6%
  • Rental rate (m²/month)
    £24.9
Details
Property parameters
  • Leasable area: 550 m²
  • Total premises: 6
  • 7-floor building
Financial performance
  • Annual income: £162,478
Tenants
  • Occupancy: 68%

Package of apartments near the center of London.

Description

The package includes 6 apartments with a total area of 550 m²:

  • 1 four-bedroom apartment;
  • 1 three-bedroom apartment;
  • 1 two-bedroom apartment;
  • 2 one-bedroom apartments;
  • 1 studio.

The building features terraces.

The plot is in ownership (Freehold).

Financial performance

The annual income is £ 163,305 (~ 189,400 €).

The current yield is 1.6%.

The expected yield is about 3%.

Tenants

68% of the building is let (4 apartments). 2 apartments are vacant.

Location and nearby infrastructure

The property is located in the prestigious area of South Kensington, near the center of London, in a quiet street and a few minutes walk from two tube stations.

London is the capital and largest city of the United Kingdom of Great Britain and Northern Ireland and the 3rd largest city in Europe. The population of the city is more than 8.6 million people.

London is the main political, economic and cultural center of the United Kingdom.

London belongs to the global cities of the highest rank and the world's leading financial centers. Its economy is 1/5 of the country's one.

The tourism industry employs more than 250 thousand people. Every year tourists leave in London more than 10 billion pounds.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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