3 bedroom terraced house

FANTASTIC OPPORTUNITY TO ACQUIRE A CHARMING THREE BEDROOM FLAT WITH DEVELOPMENT POTENTIAL IN BROCKLEY + POSSIBLE POTENTIAL HMO DEVELOPMENT (SUBJECT TO PLANNING) + HIGH POTENTIAL YIELD OF 16.2% + FOR SALE BY ONLINE AUCTION WEDNESDAY 26TH OF FEBRUARY 2025 AT 9AM – *FANTASTIC OPPORTUNITY TO ACQUIRE A CHARMING THREE BEDROOM FLAT WITH DEVELOPMENT POTENTIAL IN BROCKLEY*POSSIBLE POTENTIAL HMO DEVELOPMENT (SUBJECT TO PLANNING)*HIGH POTENTIAL YIELD OF 16.2%*INSTANT ASSET MANAGEMENT OPPORTUNITY TO A POTENTIAL BUYER*** *Discover this beautifully presented three-bedroom flat in the sought-after Brockley Conservation Area. Situated on the first floor of a charming period property, this home perfectly blends classic character with modern convenience.* *Situated on the established and popular Breakspears Road, the area is popular with young professionals and families, with strong transport links to Central London.* *The property comprises a three bedroom first floor flat which includes an attic that may have further possible development potential subject to requisite consents.* *HIGH YIELD POTENTIAL* – POTENTIAL MARKET RENTAL VALUE OF Ł4,000 PER MONTH (Ł48,000 PER ANNUM REPRESENTING A YIELD OF 16.2%) See legal pack for tenancy details. *KEY FEATURES* *Spacious & Bright Living Area* Large sash windows invite natural light, creating a warm and inviting space. *Three Well-Proportioned Bedrooms* Ideal for professionals, couples, or small families. Modern Kitchen & Bathroom Stylish fittings and ample storage. *Prime Location* The property is situated approximately 0.2 miles to Brockley station, and is also close to Crofton Park, and St John’s, stations, all offering excellent links direct into London Bridge, Cannon Street, Canada Water and Whitechapel. *Transport* Brockley Station – 0.2 miles Crofton Park Station – 0.6 miles St. John’s Station – 0.6 miles *Leafy Surroundings* Set in a peaceful, tree-lined street with easy access to green spaces like Hilly Fields. *Vibrant Community* Enjoy independent cafs, restaurants, and the renowned Brockley Market. *Perfect for first-time buyers or investors, this charming flat offers the best of London living in a thriving, well-connected neighbourhood.* *RECENT NEARBY RESIDENTIAL SALES* – 229, Malpas Road, London, SE4 1BH (3 bedroom) – SOLD Nov’24 – Ł490,000 – Flat 8, Dale House, Frendsbury Road, London, SE4 2HG (3 bedroom) – SOLD Nov’24 – Ł420,000 – 74 Brockhill Crescent, London, SE4 2QB ( 3 bedroom) – SOLD Oct’24 – Ł387,500 *Brockley is a district and an electoral ward of south London, England, in the London Borough of Lewisham 5 miles (8 km) south-east of Charing Cross.*It has been named the best area of London to live in.*It is an area rich in Victorian and Edwardian domestic architecture, historic trees and original lanes and mews.*It has a strong community and numerous popular cafes and restaurants.*** *Brockley, London has many amenities, including parks, restaurants, pubs, and a market* *Parks* Hilly Fields Park: A public park with a cricket pitch, tennis courts, basketball court, and football pitch Telegraph Hill Park: A park with great views *Restaurants* The Gantry: A restaurant and bar with a garden Le Dlice: A place for coffee and cakes Le Querce: An Italian restaurant with a varied menu Babur: An Indian restaurant with cocktails *Pubs* Brockley Jack pub: A pub with a theatre Jam Circus: A quirky pub with good food The Rose: A pub in New Cross with a beer garden and Sunday roast *Market* Brockley Market: A popular Saturday market with fresh produce and street food GUIDE PRICE – Ł295,000 To view legal documents for all properties, and to register for our online auctions please visit our website. Purchases are subject to a Buyer’s Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup / Special Conditions in the Legal pack to confirm. Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party.

Details

Bedrooms
3

Purchase Price £
295000

ROI %
17.00

Cashflow(PCM) £
1234