Guide price
£400,000
3 bed flat for saleMarden Square, London SE16
3 beds
1 bath
1 reception
- Chain free
- Leasehold
eXp World UK
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About this property
Please Quote AK0951 For All Enquiries
Guide Price: £400k - £450k
Three Well-Proportioned Bedrooms
Spacious Reception Room With Private Balcony
Split-Level Layout Across Two Floors
Separate Modern Kitchen/Diner
On-Site Residents’ Parking Space Included
Strong Buy-To-Let Potential – Achievable Rents Of £2,500–£2,700pcm (Approx. 8% Yield)
Close To Southwark Park And Bermondsey & Surrey Quays Stations
Chain Free
Please Quote AK0951 For All Enquiries
A generously sized, split-level three-bedroom apartment set within a well-maintained ex-local authority development in the heart of central Bermondsey.
The property features a spacious reception room with access to a private balcony, a separate kitchen/diner, three bedrooms (two doubles and one single), a family bathroom, and an additional WC. Residents also benefit from on-site parking, adding to the convenience of city living.
Set within a larger development, this flat presents a strong buy-to-let opportunity, with similar properties in the block achieving rents between £2,500 and £2,700 per month — offering a potential gross yield of approximately 8%.
Ideally located close to Southwark Park, the property offers great access to local amenities and transport links. Drummond Road connects directly to Jamaica Road, providing regular bus services into Borough and London Bridge. Both Bermondsey and Surrey Quays tube stations are within easy reach, making this a highly connected and convenient location for commuters.
This property is perfect for investors or buyers looking for space and value in a Zone 2 location, with no onward chainfor a smooth purchase process.
Tenure - Leasehold
Lease Remaining - Approx 170 Years
Service Charge - Approx £4717 per annum, includes heating and hot water
Ground Rent - £0
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More information
Tenure
Leasehold (170 years)
Service charge
£4,717 per year
Council tax band
Ground rent
Ground rent date of next review