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Enterprize Way, London, SE8

PROPERTY TYPE

Flat

BEDROOMS

1

BATHROOMS

1

SIZE

450 sq ft

42 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Chain Free
  • Cash Buyers Only
  • Riverside Location, near Greenland Pier
  • 63 Year Lease
  • Off Street Parking
  • Gas Central Heating
  • Double Glazing
  • EPC C

Description

An investment opportunity in this modern 1990’s development with great yield potential.

Located on the 2nd floor this one-bedroom apartment offers generously proportioned accommodation comprising of a separate kitchen and reception, both with partial views of the river Thames. A bedroom with built in storage and a bathroom with white three-piece suite, and an electric shower (untested) over the bath.

It benefits from gas central heating (untested), double glazed windows all round and peace of mind with an EPC rating of C for the next 10 years. An the use of an allocated off-street parking space.
Based on a conservative lettings estimate of £1600 per month the gross yield is over 11%

The lease is current lease has just over 63 years remaining. The Leasehold and Freehold Reform Act 2024 is expected to abolish Marriage Value which creates a very interesting opportunity to acquire a short lease property that will benefit from significantly lower costs to extend once the act comes into force. More details can be found at

Service charge £2,310 pa. reviewed annually
Lease Term 99 years From 30 August 1991
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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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.
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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.
2nd floor

Enterprize Way, London, SE8

Approximate location

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Affordability

Monthly repayments£830
Property: £ 165,000
Deposit: £ 16,500
Interest rate: 5.35%
Term: 30 years
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Renovation potential
Recently sold & under offer
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About Kerr W Estates Ltd, Covering City, Wapping & Docklands

London

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Disclaimer - Property reference 50902_001119. 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 Kerr W Estates Ltd, Covering City, Wapping & Docklands. 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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