3 Bed Flat, Single Let, London, SW19 6LR £475,000

• Strong Rental Income: £2,220 pcm (£26,640 pa) from secure Westminster Council lease +
• Attractive Returns: Gross yield 5.61% | Net yield 5.21% at asking price +
• Long Lease Security: Recently extended to 215 years, providing long-term investment stability +
• Prime Location: 5-minute walk to Southfields tube station, shops, and local amenities +
• Turnkey Investment: Fully upgraded within the last 12 months, including modern bathroom and finishes +
• Low Management Costs: Full repairing & maintaining lease with minimal landlord responsibilities. +

Investment Opportunity: Fernwood, Albert Drive, London SW19 6LR
Asking Price: £475,000
Leasehold: Recently extended to 215 years (effective from 1991)
Current Rental Income: £2,220 per month (£26,640 per annum, net, from October 2025, direct with lessor)
Current Service Charges: £1,900 per annum
Video Tour of The Property - CLICK HERE 
Property Overview

36 Fernwood is a recently upgraded leasehold apartment situated in a prime Southfields location. The property benefits from a recent lease extension, effectively providing 180 years remaining, ensuring long-term security and investment stability.

The apartment has been refurbished within the last 12 months, including modern updates to the bathroom and other interiors, and features:

Private Balcony - perfect for outdoor space in central London
Large Reception Room - bright, spacious living area
Separate Kitchen - well-appointed for tenants or residents
High-Quality Finish - modern upgrades throughout
Proximity to Amenities - 5-minute walk to Southfields tube station, high street shops, and local transport links
Excellent Local Schools - desirable for professional tenants
Financial Overview & Investment Returns

Lease Income: £2,220 per month / £26,640 per annum (net, from October 2025)
Levies: £1,900 per annum
Net Income: £24,740 per annum

Investment Yield:

Gross Yield: 5.61%
Net Yield: 5.21%
Key Investment Highlights
Secure Leasehold Income: Payments directly with Westminster Council under a full repairing & maintaining lease.
Long Lease Term: Recently extended to 215 years, providing long-term stability.
Turnkey Condition: Fully upgraded within the last 12 months; ready for tenants or owner-occupiers.
Prime Location: Southfields, with excellent transport links, shops, and local amenities.
Low Management Requirements: No costs to landlord for repairs or maintenance.
Tenant Appeal: Large reception, separate kitchen, private balcony, and proximity to good schools make it attractive to professionals or families.
Summary

36 Fernwood is a rare leasehold investment opportunity in Southfields, offering:

A recently upgraded apartment with modern finishes
Secure lease payments directly from Westminster Council
Minimal management requirements
Prime location near transport and amenities

With net yields over 5%, this property represents long-term, low-risk income in a highly sought-after London area, ideal for investors seeking security and stability.

Early viewing recommended for serious investors.

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