Skip to content

238 Lee High Road, Lewisham, London, SE13 5PL

Fixed Price
£1,100,000
Added on 10/03/2021
Blue Alpine, London
PROPERTY TYPE

Block of Apartments

BEDROOMS

×3

SIZE

1,836 sq. ft.

(171 sq. m.)

Key features

  • Comprises 3 x 1-Bedroom flats arranged over three floors.
  • All flats refurbished to a high standard in 2019
  • Total area size of 170 sq m (1,836 sq ft)
  • VAT is NOT applicable to this property
  • Located in predominantly residential area within 4 minute bus ride to Lewisham station which provides access to London Bridge in 30 mins.
  • Nearby occupiers include Marks & Spencer, BP, Pharmacy, Convenience store and a number of restaurant/takeaway`s

Property description

Tenure: Freehold

Investment Consideration:
Gross Initial Yield: 4.28%
Rental Income: £47,100 p.a.
Comprises 3 x 1-Bedroom flats arranged over three floors.
All flats refurbished to a high standard in 2019
Total area size of 170 sq m (1,836 sq ft)
VAT is NOT applicable to this property
Located in predominantly residential area within 4 minute bus ride to Lewisham station which provides access to London Bridge in 30 mins.
Nearby occupiers include Marks & Spencer, BP, Pharmacy, Convenience store and a number of restaurant/takeaway`s

Property Description:
The property comprises 3 x 1-Bedroom flats arranged over ground, first and second floor. Flats have been refurbished to a high quality standard in 2019. Flat C benefits from private garden at rear. Flat A benefits from private courtyard at rear.

The property provides the following accommodation and dimensions:
Ground/First Floor: Flat A - 57 sq m (614 sq ft)
Open plan kitchen/living room, Bedroom, Bathroom/WC, Rear Courtyard
First/Second Floor: Flat B - 65 sq m (705 sq ft)
Open plan kitchen/living room, Bedroom, Bathroom/WC
Ground Floor: Flat C - 48 sq m (517 sq ft)
Open plan kitchen/living room, Bedroom, Bathroom/WC, Rear Garden

Tenancy:
Flat A is at present let on an AST to an Individual for a term of 36 months from 5th October 2021 at a current rent of £16,200 per annum. Deposit held of £1,557.69
Flat B is at present let on an AST to an Individual for a term of 36 months from 31st October 2021 at a current rent of £14,400 per annum. Deposit held of £1,384.62
Flat C is at present let on an AST to an Individual for a term of 12 months from 13th March 2022 at a current rent of £16,500 per annum. Deposit held of £1,528.85

Location:
Lewisham is a London borough in South London. Lewisham's commercial area is one of the largest in south-east London. Lewisham Shopping Centre opened in 1977, has 70 stores and is over 330,000 square feet. Shops include Marks & Spencer, WH Smith, Sainsbury's, H&M, TK Maxx, JD Sports, SportsDirect, Argos and Boots. The property is located in predominantly residential area within 4 minute bus ride to Lewisham station which provides access to London Bridge and London Waterloo in 30 mins. Nearby occupiers include Marks & Spencer, BP, Pharmacy, Convenience store and a number of restaurant/takeaway`s

Brochures

Property Particulars

238 Lee High Road, Lewisham, London, SE13 5PL

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hither Green Station0.5 miles
  • Blackheath Station0.6 miles
  • Lewisham Station0.7 miles
Mortgages
Check your mortgage affordability with Nationwide
Nationwide pays Rightmove a fee for each completed mortgage. It's up to you if you choose Nationwide, or a different lender, to suit your mortgage needs and circumstances.
Market information
See similar nearby properties

About the agent

Blue Alpine, London

83c Ashley Gardens, Thirleby Road, London, SW1P 1HG

Blue Alpine is a leading advisory company that helps clients around the world turn property into a path for growth. We plan and deliver solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. Together, we unlock potential. At Blue Alpine, we believe a comprehensive understanding of a client’s financial goals are key to helping them fulfil their investment expectations. By employing a transparent and consultative approach we can asse

More properties from this agent

Stamp Duty calculator

£

Notes

These notes are private, only you can see them.

Staying secure when looking for property

Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.

Visit our security centre to find out more

Disclaimer - Property reference Lewisham. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Blue Alpine, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

* This is the average speed from the provider with the fastest broadband package available on comparethemarket.com at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Stickee Technology Limited.

Map data ©OpenStreetMap contributors.

Your search history

You have no recent searches.