Just added

£245,000

2 bed flat for sale
The Holt, London Road, Morden SM4

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: D

  • Leasehold

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Yieldit

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About this property

  • Tenanted investment opportunity

  • Two well proportioned bedrooms

  • Spacious reception room

  • Modern fitted kitchen

  • Purpose built apartment

  • 2nd floor

  • Excellent transport links

  • Close by to local amenities

  • No ground rent

  • Long lease

The Holt, London Road, Morden Sm4 5Ap

A superb opportunity to acquire this well presented two bedroom purpose built apartment, offered for sale with a tenant in situ, providing an immediate rental income from completion and making it an ideal addition to any investment portfolio.

The accommodation comprises a bright and spacious reception room offering ample space for both living and dining, a fitted kitchen, two well proportioned bedrooms and a modern family bathroom. The apartment is well maintained throughout and enjoys an abundance of natural light together with a practical layout suited to modern living.

Morden has become one of South West London's most sought after commuter locations, combining excellent transport links with an extensive selection of shops, cafés, restaurants and everyday amenities. Morden Underground Station on the Northern Line provides direct services into Central London, while Morden South railway station offers convenient National Rail connections. Numerous bus routes also serve the surrounding area, providing excellent connectivity across South London and Surrey.

The area is undergoing significant investment as part of Merton Council's long term regeneration programme, which aims to transform the town centre into a vibrant destination for residents, businesses and visitors. The plans include the delivery of new homes, enhanced public spaces, improved retail and leisure facilities, upgraded transport infrastructure and a more attractive town centre environment.

Financial Breakdown

Gross Rent: £18,600.00
Net income: £16,902.00
Gross yield: 7.59%
Net yield: 6.9%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08612

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Property descriptions and related information displayed on this page are marketing materials provided by - Yieldit. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Yieldit for full details and further information.