£169,950
Studio for salePorchester Mead, Beckenham BR3
1 bath
1 reception
EPC Rating: C
Added on
About this property
Studio
Chain Free
900 plus years lease
Lift Service
Secure Entry System
Bicycle Storage
Communal Laundry Room
Motorcycle Anchors
Situated in a sought-after Beckenham location, this well-presented studio apartment is an excellent investment property for cash buyers, offering a fantastic opportunity to generate rental income in a popular area close to transport links, local amenities and green open spaces.
The apartment is bright, neutrally decorated and thoughtfully designed to make the most of the available space. The spacious studio room features built-in wardrobe storage, while the separate fitted kitchen enjoys plenty of natural light, creating a practical and inviting space. A modern bathroom completes the accommodation, making this a low-maintenance property ready to let or enjoy.
Residents benefit from a range of excellent communal facilities, including a secure entry phone system, lift access and a communal laundry room with convenient contactless payment. There is also secure motorcycle parking with anchor points, a dedicated bicycle storage room with fob access and CCTV, plus an electronically gated access to a garage en bloc providing valuable parking or additional storage.
One of the property's standout features is its superb location. Excellent public transport links are within easy walking distance, making commuting into Central London straightforward, while a variety of shops, supermarkets, cafés and restaurants are all close by. The stunning Beckenham Place Park is also nearby, offering woodland walks, cycling routes, a swimming lake, bmx and skate parks, children's play areas and beautiful historic surroundings.
The property has an estimated rental income of £1,000 pcm, producing an attractive net yield of approximately 6.75%. It also benefits from a 991-year lease and an annual service charge of £1,932.
Whether you're looking for a buy-to-let investment in Beckenham, a long-lease property with excellent rental potential, or a conveniently located studio apartment close to transport and amenities, this is an opportunity not to be missed. Contact us today to arrange your viewing.
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More information
Tenure
Leasehold (990 years)
Service charge
£1,945 per year
Council tax band
A
Ground rent
Ground rent date of next review
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