Property Details

1 bedroom flat for sale For Sale

Varcoe Road, South Bermondsey, Bermondsey, London Borough of Southwark, London, Greater London, England, SE16 3DE, United Kingdom

£310,000

ROI = 9% BMV = 6.04%

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Description

We are delighted to present this one-bedroom seventh-floor apartment, situated in Bermondsey, with ease of access to Central London. The apartment has the benefit of multiple roof terraces and communal work spaces! Viewing highly recommended. The accommodation briefly comprises entrance hallway, open plan lounge/dining room/kitchen, spacious double bedroom and shower room. The property also benefits from an adjacent roof terrace with panoramic city views. The apartment is flooded with natural light due to its position on the top floor with long views across the city. Located on a quiet side street which is just a 7 minute walk from South Bermondsey station (offering 4 minute journeys to London Bridge), as well as a 15 minute walk to Surrey Quays overground station, this location is expected to experience above-average appreciation in coming years, by riding on the coat tails of the New Bermondsey, Old Kent Road and Canada Water regeneration schemes. A new overground station is planned for Surrey Canal Road, a 10 minute walk away. The development includes a communal workroom which is an ideal space to work from home away from the apartment, a sunroom, a top floor (7th) roof terrace, as well as another terrace on the 6th-floor, and secure bike storage. The development is EWS1 compliant and benefits from a board of directors composed of residents who are in control of building management and the service charge. Eligibility Criteria: From October 7 2024: live or work in Southwark, not own a property and earn below £90k From January 7 2025: live or work in London, not own a property and earn below £90k From April 7 2025: no restriction EPC Rating: B

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