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Front outside
Lounge
Kitchen
Kitchen (2)
Kitchen (3)
Bathroom
Bedroom
Balcony
Outside Rear Gate
EPC
1 of 10

Opportunity to buy 1-bed tenanted investment property generating £13,800 pa and a yield of 4.8% in SE London

£285,000
Apartment
VES-GU26-573

Features


USE
Residential

TENURE
Leasehold

PRICE
£285,000

RENT PER ANNUM
£13,800

GROSS YIELD
4.8%

1 bedroom

1 bathroom

1 reception room

507

Fully Furnished

Tenanted

Leasehold Details

  • Length of lease: 994 years
  • Ground rent: £250
  • Service charge: £1,400

Vesta have not visited the property and the materials have been provided by the vendor.

Tenancy


RENT PER ANNUM
£13,800

TENANCY DEPOSIT
£1,327

TENANCY TYPE
AST

TENANCY AGREEMENT STARTED
4 months ago

TENANCY AGREEMENT ENDS
7/27/2019

Floorplans

Floorplan

Documents available on request, please contact for viewings or further questions.

The information relating to the property is supplied by the vendor and the latest available at the date of listing.

Certain information may expire or become inaccurate over time and should be verified by the purchaser’s solicitor.


About Bromley, SE London

Bromley is a suburban town of the London borough on Bromley, in the southeast of Greater London, it is situated 9.3 miles southeast of Charing Cross.

The Bromley area is served by two rail stations, the primary station being Bromley South that resides in the town centre and Bromley North. Bromley South’s services are mainly operated by Southeastern and one line is run by Thameslink. Typical off-peak services from Bromley South offer 4 trains per hour (tph) non-stop to London Victoria, 4 tph to London Victoria via Herne Hill, 4 tph to Orpington and 2 tph to West Hampstead via Catford as well as other destinations.

Bromley town centre was one of the major metropolitan centres identified in the London Plan, it is home to a large retail area, that includes a pedestrianised High Street and the main shopping mall The Glades. The Glades is filled with various familiar high street brands and in the surrounding areas there’s a wide selection of restaurants, bars and pubs.

Renwick Drive,

Bromley,

Greater London,

England,

BR2 9GS


Performance

GROSS RENTAL YIELD
4.8%
RENT PER ANNUM
£13,800
HPI GROWTH (5 YRS)
34.7%

Important Note

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