2 Bedroom Apartment

London Road, 
Morden, 
SM4 5AP
Purchase price
£245,000
  • Size: 40 sqm
  • Tenanted
ATTENTION INVESTORS - GENERATE A FANTASTIC 6.9% NET YIELD! Attractive two bedroom apartment with no ground rent and tenant in situ for immediate income.
  • Financial Performance*
Gross rent
£18,600
Service charge
£1,098
Lettings fees
£600
Net income
£16,902
Gross yield
7.59%
Net yield
6.9%
  • Key Features
  • 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

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 Performance *
Gross rent
£18,600
Lettings fees PA
£600
Service charge
£1,098
Net income
£16,902
Gross yield
7.59%
Net yield
6.9%

Fill in your details below to enquire about property YL-08612
2 Bedroom Apartment

London Road, 
Morden
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*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
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