Investment Yield Approx. 6.61% Net,Axis Court, East Lane, Southwark, London,SE16

High-Yield First Floor Studio Apartment | Approx. 333 sq ft / 30.9 sq m | First Floor | Investment Yield Approx. 6.61% Net

Studio Moments from Thames Riverside – Approx. 6.61% Net Yield Based on £2,000 pcm Achieved Rent

Goldstone is pleased to present this well-arranged first floor studio apartment in Axis Court, East Lane, SE16, offering approximately 333 sq ft / 30.9 sq m of internal accommodation.

The apartment has been smartly designed to maximise usable space, with a bright open-plan studio room, fitted kitchen, dining/study area, built-in storage and a modern bathroom. The main living space benefits from large floor-to-ceiling windows, allowing good natural light, while the internal layout makes the property highly practical for professional tenants, first-time buyers or investors looking for a strong-yielding London asset.

The fitted kitchen includes contemporary white units, worktop space, oven, hob, extractor, sink and integrated storage. The bathroom is finished with neutral tiling, a full-size bathtub with shower screen, wash basin, WC and heated towel rail. The property also benefits from wood-effect flooring through the main living area and a clean, functional layout suitable for immediate rental occupation.

Axis Court is positioned in a highly convenient SE16 location, close to the Thames Riverside, Bermondsey, Rotherhithe, Surrey Quays and Canada Water. Local transport links are strong, with bus connections nearby and access towards Bermondsey Station, London Bridge, Canary Wharf and the wider City. Local area information also identifies Jamaica Road / Abbey Street as a nearby transport stop, approximately 301 metres from Axis Court.

The lifestyle offering is another major attraction. The property is close to the Thames riverside, local cafés, shops and green spaces, while Southwark Park provides one of the area’s best open spaces. Southwark Council describes Southwark Park as a Grade II-listed park and garden in Bermondsey, near the River Thames, covering approximately 63 acres.

For longer-term growth potential, the property also benefits from proximity to the ongoing Canada Water Masterplan, a major regeneration programme intended to create a new urban centre with new homes, public spaces, workspace, retail and leisure facilities. Southwark Council describes the masterplan as a 15-year plan for the area.

This is a compelling opportunity for buyers seeking an affordable London property in a well-connected Zone 2 riverside location, with a strong existing rental profile and excellent investment fundamentals.

Investment Highlight:
This property is particularly attractive from an investment perspective.

Based on the achieved rental income of £2,000 per calendar month, the annual gross rent is £24,000. Against the asking price of £325,000, this represents a gross yield of approximately 7.38%.

After deducting the current estimated service charge and ground rent, the projected net rental position remains highly competitive.

Location:
Axis Court is located on East Lane, SE16, a highly accessible position close to the Thames Riverside and within easy reach of Bermondsey, Rotherhithe, Surrey Quays and Canada Water.

The area is popular with professional tenants due to its convenient access to London Bridge, Canary Wharf, the City and the West End, as well as its riverside lifestyle, green spaces and local amenities. Nearby Canada Water continues to benefit from large-scale regeneration, with the masterplan set to deliver new public spaces, homes, workspaces, retail and leisure facilities over the long term.

Accommodation:
First Floor
Studio Room
Approx. 25'9" x 11'3" / 7.83m x 3.43m

A bright and practical open-plan living/sleeping area with floor-to-ceiling windows, wood-effect flooring, space for bed, seating, dining and study furniture, plus access to the kitchen area.

Kitchen Area
Fitted with white wall and base units, work surfaces, oven, hob, extractor, sink and appliance/storage space.

Bathroom
Modern bathroom with bathtub, shower screen, wash basin, WC, tiled walls and heated towel rail.

Storage
Built-in wardrobe/storage space, useful for maximising the living area.

Tenure & Charges:
Tenure: Leasehold
Ground Rent: £150 per annum
Service Charge: £2,351.36 per annum
Floor Area: Approx. 333 sq ft / 30.9 sq m
Lease Length: 976 years left
Council Tax: Southwark B
EPC: C