Compact two-bedroom flat minutes from station and high street amenities.
Tenanted investment with reported 7% net ROI
This second-floor conversion flat presents a compact, income-producing opportunity in central Kingston. Currently tenanted and delivering a reported 7% net ROI, the property is well positioned for investors seeking immediate cashflow and short walking distance to Kingston Station, the high street and riverside amenities.
The flat is small (approx. 452 sq ft) and arranged with a large reception room, double bedroom, second room currently used as a study, separate kitchen and bathroom. It comes with a long lease (approx. 117 years) and share of freehold, reducing future leasehold costs compared with shorter leases. Fast broadband and excellent mobile signal support modern tenant requirements.
There is clear potential to increase rental value through modest refurbishment: the kitchen is dated and would benefit from updating, and the building frontage and communal areas show signs of wear. The property sits opposite a Sainsbury’s and close to schools and transport links, supporting steady tenant demand — particularly from private renters and students — but note the local area records higher crime levels, which can affect tenancy profiles and insurance considerations.
Investors should factor in management needs for a tenanted flat in a busy town centre: ongoing maintenance, tenant turnover, and the impact of the neighbourhood’s cosmopolitan rental market. The flat is offered with no onward chain, allowing a relatively swift purchase process for a buyer prepared to carry out targeted improvements.
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