£395,000
(£987/sq. ft)
1 bed flat for saleMorley Street, London SE1
1 bed
1 bath
1 reception
400 sq. ft
EPC Rating: C
- Leasehold
Edwards Residential and Commercial Agents
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About this property
Close to Train Station
City Centre
Private garden
Communal garden
Central heating
Wood floors
Close to all amenities
Close to trains
Close to underground
A compact 1 bedroom garden flat 3 minutes from Waterloo station and 2 minutes from Lower Marshand The Cut, both of which are well known for their shopd, bars, restaurants and theatres.
The flat has the benfit of a private (wall in) garden/patio, and there is also the use of a communal garden for residents only.
Communal central heating and hotwater are included within the service charge.
The flat is presently being let as a 2 bedroom flat on an AST agreement which expires on the 29th September 2025. The tenants have been paying £24,440 per annum providing a 5.9% yield (return).
Council tax: Bannd C (£1,358.04 payable).
Service charge: £2,839 (inclusive of communal central heating & hotwater)
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More information
Tenure
Leasehold (82 years)
Service charge
£2,839 per year
Council tax band
C
Ground rent
£10
Ground rent date of next review