Auction Property 2 Bed Apartment 

Octavia House, Townmead Road, Chelsea Harbour, London

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Features

  • Auction Date: 23rd – 24th October 2019
  • Spacious dual aspect apartment
  • Floor area: 1,130 ft2
  • Sold with vacant possession
  • Excellent rental potential - approx. £39,000 pa
  • Rental yield potential approx. 4.4%
  • Car parking space
  • Concierge and residents gym
  • Berkeley Homes specification
  • Two bedrooms

Quick Details

2 Bedrooms1 Reception2 Bathrooms

Address

74 Octavia House, Townmead RoadChelsea HarbourLondonSW6 2FH
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Floorplans
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Property Details

•Auction Date: 23rd – 24th October 2019
•Spacious dual aspect apartment
•Floor area: 1,130 ft2
•Sold with vacant possession
•Excellent rental potential – approx. £39,000 pa
•Rental yield potential approx. 4.4%
•Car parking space
•Concierge and residents gym
•Berkeley Homes specification
•Two bedrooms

A high specification dual aspect apartment on the fourth floor of Octavia House, Imperial Wharf. The apartment comprises an entrance hall with access to both bedrooms.

The master bedroom enjoys en suite facilities and the second bedroom has its own private balcony. There is open plan living space, which houses the kitchen and dining area, as well as a private balcony with oblique river views.

The property features air conditioning to the reception room and bedrooms, a fitted high specification kitchen with wine cooler and coffee machine, natural stone bathrooms with heated wall panels and under floor heating.

Octavia house is serviced by a centralised concierge desk and a residents gym.

Investment Analysis

The apartment is ideal for both owner occupation, and as a pied-à-terre.
Alternatively, the apartment would make an excellent residential investment property. We expect the apartment would achieve a rental income in the region of £39,000 per annum, reflecting a yield of 4.9%.

Tenure

Long Leasehold
Lease – 999 years from 2008
Service Charge - £6,000PA
Ground Rent - £600PA
(the above figures should be confirmed by any interested party)

Accomodation

Floor area: 1,130 ft2 (Taken From EPC)

Services

We understand the property to have mains electricity, water and drainage. Interested parties should also make their own enquiries.

Council Tax

The property is rated in Council Tax Band G.

Guide Price

£800,000+

VAT

The property is not subject to VAT.

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Floorplans

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