£525,000

(£592/sq. ft)

3 bed flat for sale
Valmar Road, London SE5

    • 3 beds

    • 1 bath

    • 1 reception

    • 887 sq. ft

  • EPC Rating: D

  • Leasehold

Reduced on

Stirling Ackroyd - Brixton

Logo of Stirling Ackroyd - Brixton

About this property

  • Three bedrooms

  • Investment opportunity

  • Zone 2

  • Victorian conversion

  • Permit parking

  • Open-plan kitchen

Stirling Ackroyd Brixton are delighted to present this spacious three bedroom period conversion on the highly sought-after Valmar Road, SE5. Offering approximately 887 sq ft (82 sq m) of accommodation arranged over the second and third floors, this substantial flat combines generous proportions, period character and excellent investment potential.

Priced at £525,000, this represents outstanding value for a three bedroom property of this size in this popular Zone 2 location. For investors, the property offers a projected rental income of £2,300 per calendar month (£27,600 per annum), representing an attractive approx. 5.3% gross rental yield based on the asking price, before costs.

The accommodation comprises a large kitchen/reception room, three bedrooms, bathroom and useful storage, with the upper-floor bedroom providing particularly generous proportions. The property forms part of a traditional period conversion, offering the character and appeal associated with South East London's Victorian housing stock.

Valmar Road is ideally positioned for the best of Camberwell, Brixton and Denmark Hill, with excellent local amenities, independent cafés, restaurants and everyday shopping close by. Camberwell Green, Coldharbour Lane, Ruskin Park and Myatt's Fields Park are all within easy reach, providing an excellent balance of urban convenience and green open space. Denmark Hill and Loughborough Junction Stations are nearby, while extensive bus connections provide straightforward access towards Brixton, the City, Victoria, Elephant & Castle and central London.

The property also benefits from the leaseholders in the building obtaining the Right to Manage (rtm) for the building, meaning maintenance and service charges are handled internally.

An excellent opportunity for a first-time buyer, professional couple, family or buy-to-let investor seeking a sizeable three-bedroom flat, strong rental potential and an excellent South East London location.

Tenure: Leasehold | approximately 887 sq ft | three bedrooms | period conversion | £525,000 | projected rent £2,300 pcm | approximately 5.3% gross yield

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More information

  • Tenure

    Leasehold (98 years)

  • Service charge

    £1,738 per year

  • Council tax band

    B

  • Ground rent

    £150

  • Ground rent date of next review

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Property descriptions and related information displayed on this page are marketing materials provided by - Stirling Ackroyd - Brixton. 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 Stirling Ackroyd - Brixton for full details and further information.