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No longer on the market

This property is no longer on the market

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EPC Rating Graph

Studio

Sold STC
Studio
1 bath
236
EPC rating: D
Added > 14 days

Key information

TenureLeasehold | 81 yrs left
Ground rent£250 per annum | review period: unconfirmed
Service charge£816.30 per annum
Council taxBand B

Features and description

  • * Perfect residential or investment purchase - approximate 8% gross rental yield
  • * Grove Park station (Zone 4) under a mile away
  • * Perfect for commuters into Central London
  • * Moments from Bromley town centre
  • * Separate bathroom
  • * Good size studio room
  • * Sought after location
  • * Beautiful local parks – ideal for those looking for outdoor areas
  • * Buyers Commission May Be Required
PERFECT RESIDENTIAL OR INVESTMENT property with excellent rental yield - approx 10% gross!

Perfectly located studio flat situated within a prime location and a short walk to Grove Park station with excellent links into Central London being Zone 4 – making it a dream for commuters.

The property is situated directly next to the local parade of shops in Downham with a broad range of local amenities, shops and eateries to fulfil all your necessities. Also, if outdoor areas are of importance, you will find local parks full of scenic views that are moments away such as; Forster Park, Shaftesbury Park and Beckenham Place Park which are perfect for families of all sizes.

The accommodation on offer comprises of; spacious entrance hallway, fully tiled bathroom with WC and a multifunctional open planned kitchen, living and bedroom area. This truly is ideal for a residential or buy to let purchase offering excellent returns with an approximate 10% gross rental yield.

Call Daniels today to arrange a viewing and avoid disappointment! EPC Rating D.

* Perfect residential or investment purchase - approximate 10% gross rental yield
* Grove Park station (Zone 4) under a mile away
* Perfect for commuters into Central London
* Moments from Bromley town centre
* Separate bathroom
* Good size studio room
* Sought after location
* Beautiful local parks – ideal for those looking for outdoor areas
* Buyers Commission May Be Required

Rooms

Entrance Hall
Doors to;

Studio 3.86m x 3.78m

Bathroom

Tenure
Leasehold (underlease) - Term: 99 years from 14 September 2006.

Council Tax Band
B.

Service Charge & Building Insurance
£816.30 per annum - Charges for the period 2021/2022, this is the most recent invoice available. Service charge is £700.00 and Building insurance is £116.30.

Ground Rent
£250 per annum - For the first 33 years of the said term the rent will be £250 per annum. For the next 33 years of the said term the rent will be £500 per annum. For the residue of the said term the rent will be £1,000 per annum.

Buyers Commission May Be Required*
Full details available upon request - *This property is being marketed by Daniels on behalf of the seller on the basis that the buyer pays our fee of between 2.4% incl VAT and 3.6% incl VAT of the net purchase price. Unless otherwise agreed offers will therefore be submitted to the seller net of our fee.

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About this agent

Choices - Daniels Property Services
Choices - Daniels Property Services
422 Downham Way Bromley, Kent BR1 5HR
020 8022 9956
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