1 bedroom apartment for sale
Tizzard Grove, London, SE3

- PROPERTY TYPE
Apartment
- BEDROOMS
1
- SIZE
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Key features
- Buy-to-let property investment
- One bedroom apartment
- Net yield: 5.1%
- Rental income: £21,600per annum
- Landlord currently self manages
- Tenure: Leasehold 238 years remaining
Description
One-Bedroom Apartment | Fifth Floor | Prime Berkeley Homes Development
£350,000
EPC: B
Investment Overview
An outstanding opportunity to acquire a bright and spacious one-bedroom apartment within the highly sought-after Wallace Court, Kidbrooke Village, developed by Berkeley Homes.
Offered at a marketing price of £350,000, the property is currently generating:
£1,800 per calendar month
£21,600 per annum
This is a ready-made London investment with strong tenant demand, premium on-site facilities, and long-term regeneration-driven growth potential.
Financial Performance
Rental Income: £1,800 pcm (£21,600 per annum)
Gross Yield: 6.17%
Annual Running Costs
Ground Rent: £300 per annum (Peppercorn lease structure)
Service Charge: £3,500 per annum
Total Annual Charges: £3,800
Net Income: £17,800 per annum
Net Yield: 5.09%
A 6%+ gross yield within a prime London Berkeley development represents a strong return relative to comparable SE London stock.
The Property
Situated on the fifth floor, this well-appointed apartment extends to approximately 547 sqft of internal space and benefits from a private terrace - a highly desirable feature for London renters.
The accommodation comprises:
Spacious open-plan kitchen and living area
Private terrace
One generous double bedroom with built-in wardrobes
Modern bathroom
Contemporary finish throughout
Unfurnished
The layout and specification make it particularly attractive to young professionals and corporate tenants.
The Development - Kidbrooke Village
Wallace Court forms part of the prestigious Berkeley Homes Kidbrooke Village regeneration scheme, one of South East London's most successful residential transformations.
Residents benefit from premium lifestyle amenities including:
24-hour concierge service
Residents' gymnasium
Residents' swimming pool
Landscaped communal areas
On-site bars, cafés and restaurants
Retail and convenience amenities within the development
These facilities significantly enhance tenant appeal, rental resilience, and long-term desirability.
Conclusion
58 Wallace Court presents a rare opportunity to secure a high-yielding London apartment within a landmark Berkeley Homes development, combining:
Immediate rental income
Premium lifestyle amenities
Strong tenant appeal
Regeneration-driven capital growth potential
Over 6% gross yield
An ideal acquisition for portfolio landlords seeking London exposure with income strength and long-term upside
LET PURE INVESTOR TAKE THE STRAIN AWAY ...
We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio. From London to Lancaster, from Cardiff to Colchester, we provide a fully managed service for landlords looking to minimise costs and maximise efficiency.
Fully managed lettings and property management service
Comprehensive coverage throughout England and Wales
One team, one fee across your full portfolio
Rental income protection available
Transfer your existing properties quickly and easily
If you would like to find out more about our lettings and property management service, or discover how much we could save you each month, please contact our team on Tel: .
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Tizzard Grove, London, SE3
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Visit our security centre to find out moreDisclaimer - Property reference wallace-court-london. 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 Pure, Manchester. 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.
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