ROI = 8% BMV = 4.72%
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Description
We are pleased to bring to market this excellent investment opportunity. The property on the lower ground floor of a period three story residential terraced building. The flat is a one bedroom, one bathroom flat with a shared garden. It is c. 50 sqm / 530 sq ft. The flat is in need of modernisation and is being sold with vacant possession. The flat is being sold leasehold with 150 years unexpired. Ground rent is peppercorn. Key points: - Long leasehold - Total approx. GIA is 50 sqm / 530 sq ft - Shared garden - Price: £310,000 - ERV of up to £20,400 p.a. - Ideal for owner occupiers and investors Location: Coldharbour lane is situated on the border of Camberwell and Brixton in London. The area is extremely popular with high demand from both owner occupiers, investors and renters. it is around the corner from King's College Hospital, and a two-minute walk to Loughborough Junction, with Thameslink connection. It is also a short walk to Denmark Hill Station with Overground and National Rail service. The property itself is located across from Harbour Road, between Luxor St and Eastlake Rd. Occupiers close by include UCL, primary and secondary schools, and local retailers and eateries. Vanderwald Estates have represented the information here based on information provided by the vendor. All potential buyers should only rely on their own due diligence and inspections.
Find out MoreProperty Details
- Property ID: 153488780
- Added On: 2024-12-18
- Deal Type: For Sale
- Property Price: £310,000
- Bedrooms: 1
- Bathrooms: 1.00
Amenities
- Well apportioned rooms
- Garden access
