2 bed Flat For Sale £250,000
Currently licenced as a three bedroom HMO, offering a potential gross annual return of 12%, this 11th floor property offers stunning 180 degree views across the City and a convenient location just a six minute stroll from South Bermondsey station. Landmann House dates from the 1960s and forms part of the Rennie Estate and named after renowned 19th century engineers. This unit spans 718sqft with additional space on the south facing balcony. The versatile arrangement is such that it could also be put to use as a spacious two bed home with naturally bright south-west facing reception room and balcony.
Enjoying 180 degree views across the City from its eleventh floor elevation, this two bedroomed ex local authority owned apartment makes for a great rental investment or convenient first home, being located just a six minute stroll from South Bermondsey station. Landmann House dates from the 1960s and forms part of the Rennie Estate and named after renowned 19th century engineers. This unit spans 718sqft with additional space on the south facing balcony. The versatile arrangement is such that it could be let as a three bed (subject to licensing) offering an annual RoI of approx 10%. The interiors have been well maintained by the current owner, is fully double glazed and enjoys an efficient and cost effective communal heating & hot water system.
Please Note
Due to the nature of the construction, this property is recommended for consideration by cash buyers only. Purchasers wishing to attempt to secure finance are welcome to do so, but the property will remain actively marketed until such a time that a mortgage is formally offered.
Enjoying 180 degree views across the City from its eleventh floor elevation, this two bedroomed ex local authority owned apartment makes for a great rental investment or convenient first home, being located just a six minute stroll from South Bermondsey station. Landmann House dates from the 1960s and forms part of the Rennie Estate and named after renowned 19th century engineers. This unit spans 718sqft with additional space on the south facing balcony. The versatile arrangement is such that it could be let as a three bed (subject to licensing) offering an annual RoI of approx 10%. The interiors have been well maintained by the current owner, is fully double glazed and enjoys an efficient and cost effective communal heating & hot water system.
Please Note
Due to the nature of the construction, this property is recommended for consideration by cash buyers only. Purchasers wishing to attempt to secure finance are welcome to do so, but the property will remain actively marketed until such a time that a mortgage is formally offered.
