Summary - APARTMENT 401, ST GEORGES MILL, 7 WIMBLEDON STREET LE1 1SY
2 bed 1 bath Flat
Newly renovated duplex with allocated parking and strong student rental potential.
Allocated off-street parking within secure carpark
Duplex layout with high ceilings and vaulted feature beams
Two bathrooms; white goods included — move-in ready
Generous 1,238 sq ft internal area ideal for multiple tenants
Service charge approx. £3,642pa and ground rent £125pa
Electric room heaters (higher running costs than gas central heating)
Leasehold with ~104 years remaining
Located in a high-crime, deprived student neighbourhood — affects rental strategy
This newly renovated duplex apartment in St George’s Mill offers clear rental appeal in a cosmopolitan student neighbourhood. The property features high ceilings, vaulted beams and two bathrooms across a generous 1,238 sq ft layout, plus white goods included and allocated off-street parking — practical benefits for renters or short-term lets.
The building provides a concierge during set times and a secure ground-floor carpark, enhancing convenience and tenant attraction. Internally the finish is modern and high-spec with tiled bathrooms, contemporary kitchens and substantial storage, making the flat move-in ready.
Buyers should weigh running costs and local context: the property relies on electric room heaters, and broadband speeds are average. Service charges average £3,642 per year with a £125 ground rent; the lease has about 104 years remaining. The wider area is classified as deprived with high local crime rates, factors that will influence rental strategy and pricing.
Overall this is a turnkey investment in a strong student rental location, offering good internal space and amenities. Investors should factor in service charges, energy costs from electric heating, and local area risks when assessing yield and tenant profiles.
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