336 UPPER RICHMOND ROAD

Overview

Property ID: BRRUK0100
  • BRRUK0100
  • Property ID

Description

Upper Richmond Road, Putney. Take Advantage of London’s record Rise in rents! 

We’re very excited to launch this fantastic little development located in Putney, London. Completing Q2 2023. 

Introducing Upper Richmond Road. 

A boutique collection of apartments and duplexes in the affluent London suburb of Putney is regarded as “prime outer London” and one of the areas tipped to outperform over the next few years. Savills forecast Putney to have a 13.7% price growth from 2022-2026.

Only seven properties are available, two of which are studio apartments, the most popular type of newbuild apartment in London. Current rental demand for studios is 71% higher than in 2021. In addition there are a selection of 1, 2 & 3 bedroom apartments and duplexes. 

Prices at Upper Richmond Road start from £500,000 for a studio and upto £1,150,000 for the larger units with forecasted rental yields of upto 4.9%.

Share of freehold. 

Payment terms; 20% deposit, 80% on completion. 

HANDSOME HOMES INSIDE AND OUT! 

The homes are beautiful, encased in a Georgian style frontage with floor-to-ceiling windows, full of light and with outside space to enjoy; it’s easy to see they’d be a popular choice with tenants, especially when contrasted with Putney’s many Victorian properties to rent which are old and expensive to run. 

With the current cost of living crisis, renting a modern, newbuild, and energy-efficient apartment has become a priority. Because these apartments are due to complete in a few months, investors can now take advantage of the upswing in London rents.

BATHROOMS:

• Bette baths, Italian Arteform and Laufren sanitary and brassware, Italian porcelain tiles. Bespoke shower enclosures, heated towel rails.

KITCHENS:

• Bespoke painted timber cabinetry with soft close hinges to doors and drawers.

• Fully integrated Neff appliances.

• Italian stone worktops with undermounted Silgranite Blanco sinks with monoblock tap. 

FLOORING:

• Oak herringbone or planks to all reception and common part areas, with wool carpet to bedrooms. 

HEATING:

• Individual Vaillant gas fired boilers, with underfloor heating throughout. 

SECURITY:

• Video door entry systems. 

WIFI:

• BT fibre optic cable to each apartment. 

GARDENS:

• Fully landscaped gardens with timber decking areas. 

Parking spaces available upon demand – £25,000 per space

10 Year Building warranty by ICW. 

Location: 

A prime London location with broad appeal.

Riverside Putney is regarded as one of London’s loveliest places to live; popular with families and young working professionals making for a diverse and wealthy tenant pool. 

Upper Richmond Road is superbly located, a five-minute walk to Putney Station (London Overground network) and around a 10-minute walk to East Putney station (Zone 2), where residents can access the Underground. 

The development is around the corner from Putney High Street, but Upper Richmond Road has a celebrated food and drink scene. Its riverside walks are internationally renowned, notably as the backdrop for The Boat Race, the historic annual rowing regatta between Oxford and Cambridge Universities.

TAKE A WALK

  • Putney Station – 7 minutes
  • East Putney Underground (Zone 2) –  13 minutes.
  • Putney Bridge Underground (Zone 2) – 17 minutes.
  • Putney Leisure Centre – 5 minutes.
  • Sainsbury’s Supermarket – 9 minutes
  • ODEON Cinema – 11 minutes.

Why London, why Putney? 

There has never been a better time to be a London landlord; the UK capital is experiencing record rental growth –  142% higher than the UK 5-year average (the highest since 1979) and a shortage of supply when it comes to quality new build homes has resulted in the supply pipeline being down 47% on 2022 levels.

Savills has predicted 4% growth in house prices in Putney in 2023 alone and 13.7% between 2022-2026.

  • Address Putney, Upper Richmond Road, London, UK

Details

Updated on June 12, 2023 at 12:45 pm
  • Property ID: BRRUK0100

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