Investment of the month – Elm Park Gardens

It is exciting to introduce a fantastic property investment in the sought after address in Chelsea for a two bedroom apartment, Elm Park Gardens.

Not only does this apartment have a good specification for renting out, it has just been discounted to £925,000, a fantastic reduction considering it was purchased for £1.3M in 2013.

We believe that this two-bed property, located superbly, positioned between Gloucester road tube station and South Kensington tube station, as well as situated overlooking the immaculate communal gardens of Elm Park Gardens which this apartment offers access to.

Here are all the great features and details of this property;

  • 2 bedrooms, 2 receptions, 2 bathrooms
  • Communal gardens
  • 95-year lease
  • South facing patio
  • Red brick period building
  • Moments away from Gloucester Road and South Kensington Tube stations
  • Private entrance
  • Plentiful amenities nearby

Investment Potential

Landlords are expected to achieve an average rental value of £650 per week (£33,800 per annum) until March 2019, bringing the average rental yield to 3.65% per annum, and with a strong lease of 95 years. The prestigious Chelsea postcodes offer long-term rewards irrespective of the vagaries of the buy to let market. Financially, this apartment should prove to show capital gain on its return on investment.

This particular area and property would be in high demand for private rental accommodation from local and City professionals, and students. Elm Park Gardens is a location that has withheld its superb history of timeless period property’s that will always hold its unique charm and character, assuring landlords will be holding on to a great gem.

If this investment is of any interest to you, please email us now and we will make sure to put you in touch with the selling agent.

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About the Author

Benham & Reeves Lettings is one of central London’s largest independently owned letting and property management agents. We specialise in letting and managing properties in prime residential areas of London. A founder member of ARLA Propertymark(The Association of Residential Lettings Agents) and full members of the Property Ombudsman Scheme and the Tenancy Deposit Scheme, we provide a comprehensive service for landlords and tenants.

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