Block of House & Flat
GROSS RENT / YIELD
£33,000 / 4.0%
NET RENT / YIELD
£25,705 / 3.2%
NO OF UNITS
TOTAL SQ FT
PRICE SQ FT
Opportunity to purchase a freehold property that features a 4 bedroom house and the 1 bedroom ground floor flat.
Tenancy Details Flat 1
Tenancy Details Flat 2
Vesta has not visited the property and the marketing material has been provided by the vendor.
The listings particulars haven't yet been reviewed by the vendor and are therefore not final.
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.
GROSS RENT PER ANNUM
GROSS RENTAL YIELD
NET RENT PER ANNUM
NET RENTAL YIELD
FULLY MANAGED OPERATING COSTS
Click to understand assumptions.
Profit & Growth
ANNUAL (PRE-TAX) PROFIT
Click to understand assumptions.
HPI GROWTH (PREV 5 YRS)
This information is for illustration purposes only and does not constitute advice. It is correct at the time of writing. For advice specific to your personal circumstances, please speak to a financial adviser.
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.
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