Kidbrooke, SE London, SE9 6AY | Investment Property for Sale | VES-SE9-001

Opportunity to buy a leasehold apartment earning £21,000 pa in Kidbrooke, SE London

£565,000

Apartment

VES-SE9-001

INITIAL INVESTMENT

£178,950

Based on

deposit: £141,250

stamp duty: £35,200

mortgage fees: £1,500

conveyancing fees: £1,000

GROSS RENT

£21,000

GROSS YIELD

3.7%

ADD TO FAVOURITES

Long-term tenant

Tenants that stay for long periods feel they have a stake in the property and are more likely to treat it as though it was theirs.

Benefits include:

  • Steady income
  • Minimised wear and tear
  • Fewer void periods

The property

TENANCY

Tenanted

TENURE

Leasehold

3 bedrooms

2 bathrooms

1 reception room

1,184

Unfurnished

Leasehold information

  • Length of lease: 999 years
  • Year lease started: 2011
  • Service charge: TBC
  • Ground rent: TBC

Property information

  • First-floor apartment
  • Master bedroom comes with en-suite
  • Separate utility room
  • Open plan living/kitchen/dining area
  • Has a balcony
  • Comes with dedicated underground parking space
  • EPC rating C

Tenancy information

  • Corporate let
  • Rent guaranteed for the next 3 years

Tenancy

RENT

£21,000 p.a. / £1,750 pcm

TENANCY DEPOSIT

£0

TENANCY TYPE

AST

TENANCY AGREEMENT STARTED

13 months ago

TENANCY AGREEMENT ENDS

6/30/2022

Floorplans

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

The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.

Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.

About Kidbrooke, Greenwich, SE London

Kidbrooke is an area in south east London in the Royal Borough of Greenwich. It is located north west of Eltham and 7.5 miles east-southeast of Charing Cross.

London is famous for it’s fantastic transport routes and the location of this property is no exception. This property is situated less than a 20-minute walk away from Kidbrooke and Eltham railway stations. Eltham is the following station after Kidbrooke and so both run the same services. There are regular services in to the center of town, with two trains per hour to London Charing Cross, Cannon Street and Victoria. Alternatively, there are several bus routes that run throughout the area and the closest bus stop is conveniently positioned a short 5-minute walk at the end of the road. This property has the A2 and South Circular on each side of it, which provides rapid access to London and the M25.

This property is fortunately in the Royal Borough of Greenwich and so one can enjoy all the cultural attractions that Greenwich has to offer; such as the Royal Observatory Greenwich, the National Maritime Museum, Greenwich Picturehouse and many more. All of one’s retail requirements could also be managed in the local Greenwich area, but on the other hand a short trip over the river shall drop you in the center of town where the world is truly your oyster.

As this location is based in the capital there are thousands of job opportunities in the local area and throughout the center of the city, where there are more than numerous adequate travel options to get you there.

This location has quite a few schooling options for all levels of education, if needed by a young family. There is Ealdham Primary School just a short 5minute walk away and Haimo Primary School and Harris Academy Greenwich. London is also home to more than a few universities and this home could be perfect for those that attend Greenwich University which is in very close vicinity.

Dowding Drive,

London,

Greater London,

England,

SE9 6AY

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Important Note

All information contained in this website is provided as a guideline only, is based on estimates and assumptions, may not be accurate or complete, and is subject to change. We make no representations or warranties with regards to this information, expressed or otherwise. A buyer who relies on such information does so at their own risk. Buyers are advised to seek independent financial advice and should undertake their own due diligence.

Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.

In no event will we be liable for any loss or damage, including without limitation any loss or damage arising directly or indirectly out of or in connection with the use of this website and the information contained therein.

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