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Endwell Road, Lewisham, London

Description

Property Reference number : 604389

CALLING ALL INVESTORS: 6.42% gross yield (as per our current rent of £1390 pcm)

CASH BUYERS PREFERRED (floor area - 21sq m; some mortgage lenders require 25sq m or more)

Ideal for investors seeking a London property with very strong yield or for the parents of an international or local student who want a practical investment that will continue paying long after graduation!

Will be sold vacant as current tenancy coming to an end. We've had this studio since 2017 and it's been rented out back to back consistently, proving itself to have been an excellent investment. The highly sought after location makes it ideal for young professionals working in the city and Goldsmith's college students. The borough of Lewisham continues to expand and develop with much room for further growth.

A lovely little self-contained studio flat in the historic Tea Building* located in vibrant Brockley, South London. Conveniently situated behind the London Overground station. Shops, bars, restaurants and green spaces are plentiful in this lively and safe area.

233 sq ft ~ 21.6 sq m
Double-glazed partially frosted windows (installed in recent years) and door at the front
Ground Floor
Kitchen and bathroom installed few years ago - almost new condition
Wall mounted silent running extractor unit with adjustable humidity sensor installed
No gas just electricity
Access to building's communal outdoor space
106 years remaining on 125 yr lease
Council tax Band A
Outdoor communal area
Shared bike storage

Option to purchase furniture too (ready to be rented out immediately)

* a bit more information about the building:

The "Tea Building" in Brockley (often referred to as the Brockley Tea Factory) is a residential and commercial development located on Endwell Road, London, SE4. Converted in the late 2000s, this former 1940s tea and coffee warehouse now houses characterful apartments, creative spaces, and commercial units. Key Features include:
- Location: It sits less than 0.1 miles from Zone 2 Brockley Overground Station, providing rapid transit connections into central London.
- Architecture: The building retains its industrial heritage with exposed brickwork, high ceilings, and expansive warehouse-style windows.
- Nearby Attractions & Surroundings: Because of its central Brockley location, the building is just steps away from the neighborhood's bustling foodie and cultural scene. The renowned Brockley Market operates nearby, offering premium street food and local produce.
- Green Spaces: Both Telegraph Hill and Hilly Fields parks are a short walk away.

Council Tax: A

Current Annual Ground Rent: £350

Current Annual Service Charge: £494

Current Length Of Lease Remaining: 106 Years

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Property Reference number : 604389

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.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking 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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Endwell Road, Lewisham, London

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Affordability

Monthly repayments£1,304
Property: £ 260,000
Deposit: £ 26,000
Interest rate: 5.33%
Term: 30 years
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Disclaimer - Property reference 6012. 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 Quicklister, Nationwide. 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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