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Front
Living room
Kitchen
Bathroom
Garden
EPC
EPC 2
1 of 7

4-bed house and 1-bed ground floor flat

£815,000
Block of House & Flat
VES-SE20-142

Features


NO OF UNITS
2

USE
Residential

TENURE
Freehold

PRICE
£815,000

AGGREGATE RENT
£33,000

GROSS YIELD
4%

TOTAL SQUARE FOOTAGE
0

PRICE PER SQUARE FOOT
£0

TENANCY STATUS
Tenanted

FURNISHED
No

Opportunity to purchase a freehold property that features a 4 bedroom house and the 1 bedroom ground floor flat.

Tenancy Details Flat 1

  • Tenancy type: AST
  • Tenancy start date: 08/09/18
  • Rent: £1,150 pcm; £13,800
  • Deposit: £1,598.28

Tenancy Details Flat 2

  • Tenancy type: AST
  • Tenancy start date: 05/10/18
  • Rent: £1,600 pcm; £19,200
  • Deposit: £2,400

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

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REQUEST BLOCK DETAILS

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 Penge, SE London

Penge is a district of south-east London, in the London Borough of Bromley and is located 7.6 miles south-east of London Victoria.

Penge is a very popular commuter suburb and has two main railway stations that offer superb travel options connecting it to London. This area is serviced by Penge West and Penge East railway station. Penge West station is managed by London Overground which runs 4 trains per hour (tph) northbound to Highbury and Islington and 4 tph southbound to West Croydon. Southern also operates services from this station with 2 tph northbound to London Bridge and 2 tph southbound to Caterham. Penge East is managed by Southeastern and runs on the Bromley South Line, this service offers 4 tph northbound to London Victoria and 4 tph southbound to Bromley south, 2 of which continue to Orpington.

As this property is in the capital all of one’s retail and dining requirements are only a short trip away via train which shall drop you in the centre of town where the world is truly your oyster.

In the City of London and surrounding areas there are thousands of job opportunities and there are more than numerous adequate travel options to get you there.

This location could be ideal for young families seeking schooling options for their young children. St Johns C of E Primary School is a local school offering mixed-sex education up to the age of 11. For those looking for secondary school education there are various Harris Academies in the area that teach from the age of 11 all the way to sixth form.

Laurel Grove,

London,

Greater London,

England,

SE20 8QJ


Performance

GROSS RENTAL YIELD
4%
RENT PER ANNUM
£33,000
HPI GROWTH (5 YRS)
36.8%

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