Goldwyn Knight is delighted to present this chain-free, one-bedroom ground-floor apartment is ideally located just a minute's walk from Bermondsey Tube Station (Zone 2, Jubilee Line), offering swift access to key destinations such as London Bridge (one stop) and Canary Wharf (two stops). The property boasts a bright and spacious 25-foot lounge/kitchen diner with modern Beech-effect units and integrated appliances. The double bedroom is well-sized, featuring an alcove suitable for double wardrobes. The remodelled bathroom is fully tiled with a crisp white suite and an over-bath mixer shower. Additional amenities include a hallway storage cupboard.?
Financial Details:
Lease: 102 years remaining Ground Rent: £533 per annum Service Charge: £1,710 per annum Council Tax Band: C (£1,594, London Borough of Southwark)
Investment Potential:
Bermondsey has experienced steady property value growth, with an approximate 5% year-on-year increase, attributed to its proximity to central London, excellent transport links, and a blend of historical and modern architecture. Properties near Tube stations, like this one, are particularly sought after, often yielding higher rental returns. The estimated rental income for this apartment is around £1,900 per calendar month, aligning with local market trends.
Local Attractions:
The area offers vibrant amenities, including the cultural allure of Shad Thames, scenic river walks, and the unique Bermondsey Beach. Iconic landmarks such as Tower Bridge are a 10-minute stroll away, complemented by a variety of bars and eateries, enhancing the locale's appeal.
This property presents an excellent opportunity for both homeowners and investors seeking a stylish, conveniently located apartment in one of London's most desirable neighbourhoods.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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