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5 bedroom semi-detached house for sale

Laurel Grove, London, SE20

£815,000

Property Description

Key features

  • Fully tenanted investment property
  • 4% aggregate gross rental yield
  • 33,300 aggregate rent pa
  • + 36.8% HPI (last five years)

Full description

Tenure: Freehold

Penge is a district of south-east London, in the London Borough of Bromley and is located 7.6 miles south-east of London Victoria.

Penge is a very popular commuter suburb and has two main railway stations that offer superb travel options connecting it to London. This area is serviced by Penge West and Penge East railway station. Penge West station is managed by London Overground which runs 4 trains per hour (tph) northbound to Highbury and Islington and 4 tph southbound to West Croydon. Southern also operates services from this station with 2 tph northbound to London Bridge and 2 tph southbound to Caterham. Penge East is managed by Southeastern and runs on the Bromley South Line, this service offers 4 tph northbound to London Victoria and 4 tph southbound to Bromley south, 2 of which continue to Orpington.

As this property is in the capital all of one's retail and dining requirements are only a short trip away via train which shall drop you in the centre of town where the world is truly your oyster.

In the City of London and surrounding areas there are thousands of job opportunities and there are more than numerous adequate travel options to get you there.

This location could be ideal for young families seeking schooling options for their young children. St Johns C of E Primary School is a local school offering mixed-sex education up to the age of 11. For those looking for secondary school education there are various Harris Academies in the area that teach from the age of 11 all the way to sixth form.

Opportunity to purchase a freehold property that features a 4 bedroom house and the 1 bedroom ground floor flat.

Property details:

* Spread over 4 floors
* Victorian 4-bed house
* Plus a self-contained 1-bed flat to the basement
* Off-street parking for multiple cars
* Has original features
* Comes with a 175 ft garden
* Potential to convert into flats

Tenancy Details Basement Flat:

- Tenancy type: AST
- Tenancy start date: 08/09/18
- Rent: £1,150 pcm; £13,800
- Deposit: £1,598.28
- EPC rating D

Tenancy Details Semi-Detached House:

- Tenancy type: AST
- Tenancy start date: 05/10/18
- Rent: £1,600 pcm; £19,200
- Deposit: £2,400
- EPC rating E

Ref. VES-SE20-142

Vesta have not visited the property and the materials have been provided by the vendor.

Please note that prospective buyers will be required to pay a fee of £900 per unit to Vesta upon acceptance of an offer on this property. The seller of the property will also pay a fee to Vesta.


Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
17 April 2019

Nearest stations

  • Penge West (0.2 mi)
  • Anerley (0.3 mi)
  • Penge East (0.4 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Vesta, London

29 Charlotte Road London EC2A 3PF

020 3858 9843 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Vesta, London

29 Charlotte Road London EC2A 3PF

020 3858 9843 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Penge West (0.2 mi)
  • Anerley (0.3 mi)
  • Penge East (0.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Vesta, London

29 Charlotte Road London EC2A 3PF

020 3858 9843 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference VES-SE20-142. 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 Vesta, London. 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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Map data OpenStreetMap contributors.