THIS PROPERTY HAS A SHORT LEASE. RENTAL INCOME £1,600 PER CALENDER MONTH. This is lower ground floor studio with a private patio on Bermondsey Square by Bermondsey Street and a short walk from London Bridge, More London, the River Thames, Borough Market and within a short walk of the City. Features include: a semi open plan fitted kitchen with access to the patio, sash style double glazed windows, gas central heating and a bright L-shaped Reception Room leading to a bedroom area.
The location is fantastic with all amenities nearby, a selection of top-quality restaurants (Jose's Tapas bar and Pizarro restaurant, Angela Hartnett's Café Murano, Casse-Croute, Baccala just to name a few), shops and boutiques around Borough Market and London Bridge and multitude of many of London’s landmarks within walking distance.
The property is being sold with no onward chain, approximately 63 year lease remaining, ground rent £250pa, service charges approximately £1,955pa.
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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