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Property Listing Details

Property details

Features

  • 3 bedrooms
  • Leasehold
  • ***price reduction***
  • Ideal first time buyer property or investment
  • Expected rental yield once refurbished 6.6% pa
  • Close to old kent road amenities
  • Three double bedrooms

Listing view statistics

Last 30 days: 156 page views

Since listed: 1531 page views

Description

Located just off the Old Kent Road, this three bedroom ex-local apartment is ideal for a first time buyer or would be investor. The lounge is bright and airy with enough space for a dining table and entertaining friends. Laminate flooring and lemon drop painted walls give you a cosy feel whilst looking out through the double glazed window onto a green space below. The kitchen is a good size, offering a double glazed window for ventilation, pine effect base and wall units provide plenty of storage for all your kitchen gadgets and gizmos; adequate plumbing for a washing machine and space for a fridge freezer. Electric hob, oven and a stainless steel basin with mixer tap completes this room. All three double bedrooms are well equipped with laminate flooring, double glazed windows, radiators and neutral décor. There is a separate WC from the bathroom which is perfect when you have guests. Bathroom is fully tiled with a white bath, hand shower and white basin; a double glazed window provides natural light and essential ventilation. The hallway offers sufficient storage with a built-in storage cupboard and an intercom to enable visitor access.

SE17 is one of the most talked about areas for future property growth in the recent years; and the main driver for this is the proposed Bakerloo Line Extension and a proposed new station located near to the Tesco’s on the Old Kent Road. If this gets the go ahead, this could potentially mean you’ll have a tube station 0.2miles away! Anticipated completion for this project is 2029, that being said once the green light is given it would be a reasonable assumption to see an increased demand in this vicinity and surrounding areas. The Old Kent Road has a wealth of amenities and offers an array of transport links with a walking distance to Borough Tune Station of 1.1 miles (Northern) and Elephant and Castle Tube Station of 1.2 miles (Bakerloo).

This property has a heathy lease length of 112 years remaining with an annual service charge of £900 and ground rent of £10 per year.

Floorplan

Map & Nearby

Local Amenities

  • Bermondsey 0.9 miles
  • Elephant & Castle 1 miles
  • Ark Walworth Academy 0.1 miles
  • Surrey Square Primary School 0.2 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Bermondsey 0.9 miles
  • Elephant & Castle 1 miles
  • Ark Walworth Academy 0.1 miles
  • Surrey Square Primary School 0.2 miles

Market stats

Sale activity

Average estimated value for a flat in SE17:

  • £421,083
  • Price decrease

  • -£12,713
  • (-2.931%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £449,549
  • Properties sold

    94

Rental opportunities

Looking for an investment? The average rent for a 3 bedroom flat in SE17 is currently:

£2,275 pcm

Recent sales nearby

See all recent sales in SE17
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Running costs

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These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

The Agent

Price history

Sold prices provided by Land Registry
3rd Oct 2018 £355,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Hunters - Camberwell. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hunters - Camberwell for full details and further information.