1 bed Flat For Sale £230,000
Stoms Path, London, Greater London SE6


Description
Ideal investment opportunity or perfect for owner occupiers! This wonderful two bedroom apartment is located just 30 minutes from central London, enquire today to avoid disappointment.

Yieldit are pleased to present this excellent one bedroom apartment located in Lower Sydenham, London.

Located on the first floor, the property comprises of: Entrance hallway; bathroom and separate w.c; master bedroom generously sized to also fit large wardrobes; a closed kitchen with kitchen appliances and a large window looking out to the entrance of the property. Finally there is also a large living space with a balcony overlooking the grounds. Stoms Path benefits from a wide range of non-allocated parking spaces available for residents.

Lower Sydenham is served by many Transport for London bus services connecting it with areas including Woolwich, Eltham, Greenwich, Bexleyheath, Thamesmead, Lewisham and Crystal Palace. The closest rail links to the area are Welling and Falconwood railway stations.

Woolwich, Shooters Hill and Plumstead are all in the London SE6 postcode, but the place that has been the primary focus of extensive regeneration is Woolwich, an area that is identified in the London Plan as one the major centres in Greater London.

Over the past two decades, Lower Sydenham, in the heart of the SE6 postcode, has developed more rapidly than any other area in London. It's been transformed into one of the most thriving areas in South East London.

Financial Breakdown

Gross rent: £10,200
Ground rent: £10
Service charge: £720
Lettings fees: £0
Net income: £9,470
Gross yield: 4.43%
Net yield: 4.12%

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-16153

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