1 Bed Flat For Sale Peak Hill Gardens, London, SE26
£330,000- Flat
1 of 12
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Last Updated: 3rd May 2024
Description
yieldit are pleased to present this fantastic investment with tenant in situ which can generate you an impressive return in excess of 5.65% NET right from completion. The apartment is situated on the ground floor within a stunning Victorian terraced conversion property retaining all its beautiful original features.\r
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The apartment consists of entrance hallway, a bright spacious living room, fully-fitted kitchen, a double bedroom and bathroom with three-piece suite. Externally the property benefits from access to a highly desirable rear enclosed back yard and permit parking is available. Peak Hills Gardens is conveniently placed a stone’s throw away from Sydenham station and a range of local amenities, coffee shops and restaurants. \r
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Lewisham have planned investment within their town centres, including a £24m rejuvenation of Lewisham High Street using money from the Government’s Levelling Up fund, will help create vibrant and attractive town centres that people want to visit boosting local spending, strengthening our night-time economy and supporting business growth. The borough already boasts a range of transport links, including direct rail services into Zone 1 in less than ten minutes, the London Overground and the Docklands Light Railway, driving the demand for rental properties within the area.
Financial Breakdown
Gross Rent: £19,200.00
Net income: £18,655.28
Gross yield: 5.82%
Net yield: 5.65%
Please contact agent for full financial breakdown.
IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
yieldit ref: YL-07759
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The apartment consists of entrance hallway, a bright spacious living room, fully-fitted kitchen, a double bedroom and bathroom with three-piece suite. Externally the property benefits from access to a highly desirable rear enclosed back yard and permit parking is available. Peak Hills Gardens is conveniently placed a stone’s throw away from Sydenham station and a range of local amenities, coffee shops and restaurants. \r
\r
Lewisham have planned investment within their town centres, including a £24m rejuvenation of Lewisham High Street using money from the Government’s Levelling Up fund, will help create vibrant and attractive town centres that people want to visit boosting local spending, strengthening our night-time economy and supporting business growth. The borough already boasts a range of transport links, including direct rail services into Zone 1 in less than ten minutes, the London Overground and the Docklands Light Railway, driving the demand for rental properties within the area.
Financial Breakdown
Gross Rent: £19,200.00
Net income: £18,655.28
Gross yield: 5.82%
Net yield: 5.65%
Please contact agent for full financial breakdown.
IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
yieldit ref: YL-07759
Agent Details
yieldit
Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.