Attention Investors 4.99% yield for this luxurious 1 bedroom, 1 bathroom apartment which is available for sale in Southbank Tower. This apartment features a fully equipped kitchen and an open-plan reception room designed for entertaining, offering impressive dual north facing river views, including iconic London landmarks such as St. Paul's Cathedral, The River Thames and Shard. The reception area is bathed in light, thanks to the floor-to-ceiling windows throughout the apartment, and it is 618 sq ft.
Southbank Tower stands as a prominent architectural landmark along London's cultural mile. Residents enjoy conveniences like high-speed lift access, an indoor swimming pool, and a fully equipped gym. Additionally, on the 10th floor, there's a state-of-the-art Residents' Business Centre, a Residents' Entertaining Lounge, a Communal Roof Garden, and a Cinema Room.
Situated between The Royal Festival Hall and Shakespeare's Globe and adjacent to the iconic Sea Containers House, which is home to the 5 star Mondrian Hotel, this location offers easy access to Southwark and Blackfriars Underground stations, ensuring swift connections to Central London and various train stations, including those leading to airports and other parts of England.
The building's vicinity includes excellent transport links, shops, and amenities. Moreover, it's close to parks, garden squares, the river, hospitals, and The Houses of Parliament. Located on the South Bank provides easy access to theatre's, restaurants, and attractions in Covent Garden, the vibrant Soho district, shopping along Oxford Street, and London's renowned green spaces and historic squares.
Transport options at your doorstep encompass Southwark (0.4 miles), Blackfriars (0.4 miles), and Temple (0.7 miles) underground stations, along with Waterloo East (0.5 miles) for national rail connections, and the new City Thameslink (0.6 miles).
Leasehold - 999 years remaining from December 2015
Service charge - £7928 PA
Ground rent - £400 PA
Council tax band - G
No Fees except agreed sellers commission