Magnum House London Road, Kingston Upon Thames, KT2

Investment Opportunity – Rental yield approx 9.9% per annum. An excellent leasehold investment opportunity comprising a block of 17 studio apartments, offered for sale with tenants in situ and no onward chain, generating an attractive approximate gross yield of 8.4% per annum. Each studio has been recently refurbished and is presented in excellent decorative order, ensuring low immediate capital expenditure and strong ongoing rental appeal. The property occupies a highly sought-after location, just 0.2 miles from Norbiton Station and 0.6 miles from Kingston Station, both providing regular services into London Waterloo, making it ideal for commuters. Kingston town centre is within easy reach, offering a wide selection of shops, restaurants, leisure facilities and the popular Bentall Centre, approximately 0.8 miles away. The block is also well positioned for the student rental market, with Kingston University’s Penrhyn Road Campus a 20-minute walk or 6-minute bus journey, and the London Road and Kingston Hill campuses nearby. This is a rare opportunity to acquire a fully income-producing block in a strong rental location with proven demand.

Tenure: Leasehold

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Magnum House, London Road, Kingston Upon Thames, KT2

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