Description

This Spacious two bedroom purpose built flat situated on the border of Bermondsey, Borough and Elephant and castle benefits from being excellently located and has great transport links. Currently rented out for c£1900 per calendar month, it sits ideal for a buyer looking to put their touch on it or for an investor looking for a quick addition to their portfolio. The property is spoilt for choice with an amazing selection of local independent restaurants, bars, gastro pubs and art galleries in th Continued...

Letting fees

Tenant administration fees will be charged at a cost of £200 + vat for up to two people. Each additional person will be charged at £60 + vat. If a guarantor is required there will be an additional charge of £60 + vat

Property features

  • Chain Free
  • Third Floor
  • Two Double Bedrooms
  • Private Balcony
  • Great Location
  • Permit Parking
  • Excellent Transport Links
  • Lots Of Storage
  • One Free Parking Space
Travel time to work:

  • Elephant and Castle - 1.33km, 20 mins walk
    • National Rail
  • Kennington - 1.44km, 22 mins walk
    • Northern
  • Borough - 1.45km, 22 mins walk
    • Northern

Rental Yield

Average rental value

£408pw

Average weekly rent of nearby 2 beds.

Annual rental yield

5.8%

Gross yield if rented for the average rent.

Sale price

Average asking price

£912,764

Average asking price of nearby 2 beds.

Value for money

60% cheaper

This property is cheaper than average.

Price growth

Last 5 year price growth

Property prices in this area have increased at this rate per year over the last 5 years.

Estimated Value in 5 years

If historic price growth continues, this property could be worth this much in 5 years.

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Marketed by

Purplebricks, Head Office
Nationwide Estate Agent, Head Office: Suite 7, First Floor, Cranmore Place, Cranmore Drive, Shirley, Solihull, B90 4RZ

024 7511 8874

Contact agent