Key features

• New Building Apartment
• Large Bedroom
• Single Bedroom / Home Office
• Underfloor Heating
• Communal Garden

Description

An exceptional opportunity to acquire a high-yielding, newly build – stunning one bedroom new apartment situated on the top floor in the sought-after Sutton. With a total internal area of 721 sq ft.

Key Investment Highlights:
High Rental Demand: Grove Road is known for its growing popularity among tenants, ensuring strong and steady rental yields.

Prime Location: Just 0.5 miles away from Sutton National Rail Station providing easy access into Clapham Junction, London Bridge & London Victoria. This property is also situated near 19 excellent schools.

Long-Term Growth: As an area benefiting from regeneration and ongoing development, Grove Road continues to see rising property values and rental income potential.

Property Overview:
The is a newly build, unfurnished apartment with a large master bedroom, a single bedroom that can be used as a home office. This exceptional property also features an open plan lounge, modern bathroom and kitchen. This also comes with underfloor heating and communal garden.

Rental Potential:
Properties in Grove Road consistently achieve strong rental returns, with demand often exceeding supply. Based on current market conditions, this one-bedroom apartment has the potential to generate an estimated rental income of £1600 per month, delivering a healthy gross rental yield. With the added advantage of long-term capital growth, this property is a solid investment choice.

Future Growth and Appreciation:
As of 2024, Future Growth for Sutton includes creating the world’s second largest cancer research campus and improving connectivity to central London and the London Underground through the Sutton Link tram project.

Additional Information:
Council Tax Band: S

Floorplan Breakdown:
Master Bedroom: 4.0m x 2.9m (13’1″ x 9’6″)
A spacious room ideal for tenants, providing enough space for a double bed and storage options.

Single Bedroom / Home Office: 5.1m x 2.5m (16’8″ x 8’2″)
A single bedroom that can be used as a home office.

Open Plan Lounge and Kitchen 7.9m x 5.0m (25’10” x 16’3″)
The well-sized living area is a key feature, offering tenants a comfortable space to relax, work, or entertain. It comes with a Modern and fitted kitchen, perfect for tenants seeking a functional, move-in-ready home.

Bathroom: 3.3m x 2.7m (1011″ x 2’7″)
A compact but well-appointed bathroom, providing all essential amenities in a stylish design.

Approximate Gross Internal Area: 721 sq ft
Compact yet maximizing tenant comfort and appeal

This is a rare opportunity to acquire a property in one of Sutton’s fastest-growing rental markets. Whether you’re an experienced investor looking to expand your portfolio or a first-time buyer searching for a long-term growth opportunity, this apartment in Grove Road is not to be missed. Contact us today to arrange a viewing or discuss investment details.