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2 bed Flat For Sale £325,000
Barham House, Kinglake Estate, London, Greater London SE172Lq SE17


Description
Earn instant income on this already tenanted investment opportunity - not suitable for owner occupiers! This excellent two bedroom apartment is located just 19 minutes from central London, enquire today to avoid disappointment.

This wonderful two bedroom apartment comprises of; entrance hallway leading to a spacious lounge with double glazed window; fully fitted kitchen with all appliances included; master bedroom with double glazed window; three piece family bathroom with shower over bath; second double bedroom with double glazed window. The apartment is located on the fourth floor, and just 19 minutes from central London.

South East London has boldly stepped in to the property spotlight having faced years on the sidelines due to a lack of a decent Tube service and taxi drivers’ reluctance to cross south of the river. This corner of the capital, however, boasts some of London’s most creative public transport options and with ambitious plans to upgrade travel connections, regeneration momentum is gathering pace.

Barham House is ideally located just 1 mile from the Elephant & Castle tube station and railway line, perfect for working professionals commuting to Central London. The development is also a stones throw from Burgess Park which benefits from a large lake perfect for families to enjoy outdoor space.

Financial Breakdown

Gross rent: £14,400
Ground rent: £30
Service charge: £771
Lettings fees: £0
Net income: £13,599
Gross yield: 4.43%
Net yield: 4.18%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-16025

Follow the link for more information:
        
zoopla.co.uk

  
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