4 Bedroom Flat Sold in London, SE5
| Reference | 39177 |
| Address |
Morris Court, Denmark Hill Estate, London, SE5 8HS (Map Location) |
| Beds | 4 |
| Baths | 1 |
| Type | Flat |
| Tenure | Leasehold |
Well located, spacious, 4 bed flat. Long lease & reasonable service charges. Potential for a family/BTL investor with yields in mind. Keenly priced. No chain. Early viewing advised
Description
Located on the second floor of a three floor block building is this modernised four bedroomed flat. The property comes with 125 Years lease and service charge and ground rent charges of just £1400 per year. In case you are wondering, we are advised that similar property rent for around £2,600+ and properties of this size sell on average for around £475,000.
From an investors prospective the yield could potentially be around 6.6%. For a first or second time buyer it’s an opportunity to obtain a keenly priced flat and get a foot on the property ladder. No onward chain. Viewing appointments are flexible and a early viewing is highly recommended.