Turnkey rental with strong yield and immediate income potential near transport.
- Refurbished studio with large windows and abundant natural light
- 334 sq ft; compact layout, best for single occupant or investor
- Currently let on 1-year AST; immediate rental income potential
- Long lease: 166 years remaining (leasehold)
- Service charge c. £1,800 per year; factor into running costs
- Council Tax band B (relatively low)
- Above-average local crime rate; consider security measures
- Excellent transport links; moments from Pimlico Tube
A compact, refurbished studio in Thorndike House offering 334 sq ft of well-lit living space close to Pimlico Tube. Large windows and modern finishes make the flat low-maintenance and attractive to city renters.
This unit is sold leasehold with 166 years remaining and a current annual service charge of about £1,800. The flat is currently let on a one-year assured shorthold tenancy, making it suitable for an investor seeking immediate rental income (advertised circa 7.5% yield) or a buyer willing to take on a sitting tenant.
Practical considerations: the property is small and best suited to single occupancy or dual-use as pied-à-terre or rental. Crime levels are above average for the area and the service charge is material to running costs. Transport, shops and schools are within easy reach, and broadband and mobile signals are strong.
Studio apartment for sale in Thorndike House, Vauxhall Bridge Road, Pimlico, London, SW1V — £320,000 • 1 bed • 1 bath • 334 ft²
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