From
£350,000
3 bed flat for saleBreakspears Road, London SE4
3 beds
- Auction
Savills - National Auctions
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About this property
Of Interest to Investors
Producing £10,756 per annum
Asset Management Potential (one room vacant)
February completion available
Extension/development Potential subject to requisite consents
Established and Popular Location
Strapline
Auction Sale - 24/01/2024
Of Interest to Investors. A First floor Three Bedroom Flat.
Currently Let - Producing £10,756 per annum.
Description
The property comprises a three bedroom first floor flat which includes an attic that may have further possible development potential subject to requisite consents.
The property is currently let on two separate tenancies at a current rent of £10,756 per annum payable on the 1st Friday of month.
We are advised that one room is vacant which would give instant asset management opportunity to a potential buyer.
Situated on the established and popular Breakspears Road, the area is popular with young professionals and families, with strong transport links to Central London.
Location
The property is situated approximately 0.2 miles to Brockley station, and is also close to Crofton Park, and St John’s, stations, all offering excellent links direct into London Bridge, Cannon Street, Canada Water and Whitechapel.
Transport
- Brockley Station - 0.2 miles
- Crofton Park Station - 0.6 miles
- St. John's Station - 0.6 miles
Tenancy
The front bedroom within the flat is currently let on an Assured Shorthold Tenancy (AST) from 15th November 2021 and paying £450 per calendar month.
The second bedroom is currently let on a regulated tenancy from December 1984 at a current rent of £446.36 per calendar month.
The third bedroom is currently vacant.
Accommodation
Comprising : Three bedrooms, kitchen/lounge, bathroom/WC, balcony.
Approx. Gross internal floor area (from EPC register)