Valmar Road, London, SE5
- PROPERTY TYPE
Apartment
- BEDROOMS
3
- BATHROOMS
1
- SIZE
887 sq ft
82 sq m
Key features
- Three bedrooms
- Investment opportunity
- Zone 2
- Victorian conversion
- Permit parking
- Open-plan kitchen
Description
Priced at £550,000, this represents outstanding value for a three bedroom property of this size in this popular Zone 2 location. For investors, the property offers a projected rental income of £2,300 per calendar month (£27,600 per annum), representing an attractive approx. 5.0% gross rental yield based on the asking price, before costs.
The accommodation comprises a large kitchen/reception room, three bedrooms, bathroom and useful storage, with the upper-floor bedroom providing particularly generous proportions. The property forms part of a traditional period conversion, offering the character and appeal associated with South East London's Victorian housing stock.
Valmar Road is ideally positioned for the best of Camberwell, Brixton and Denmark Hill, with excellent local amenities, independent cafés, restaurants and everyday shopping close by. Camberwell Green, Coldharbour Lane, Ruskin Park and Myatt's Fields Park are all within easy reach, providing an excellent balance of urban convenience and green open space. Denmark Hill and Loughborough Junction Stations are nearby, while extensive bus connections provide straightforward access towards Brixton, the City, Victoria, Elephant & Castle and central London.
The property also benefits from the leaseholders in the building obtaining the Right to Manage (RTM) for the building, meaning maintenance and service charges are handled internally.
An excellent opportunity for a first-time buyer, professional couple, family or buy-to-let investor seeking a sizeable three-bedroom flat, strong rental potential and an excellent South East London location.
Tenure: leasehold | approximately 887 sq ft | three bedrooms | period conversion | £550,000 | projected rent £2,300 pcm | approximately 5.0% gross yield
Brochures
Particulars- 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: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
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Visit our security centre to find out moreDisclaimer - Property reference BRL240056. 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 Stirling Ackroyd Sales, Brixton. 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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