1 bed Flat for sale, London
£278,000
Property Ref: 15391 This advert is for a spacious one-bedroom, east-facing, ground-floor flat with double-glazed windows and its own private patio entrance. The flat has been recently refurbished and is situated in a quiet, private residential building with a secure gated entrance and an on-site caretaker. Property Features: 1 Bedroom 1 Bathroom 1 Reception Room 1 Study Room Private Patio 1 Allocated Parking Space The building has a large green area at the entrance for residents to enjoy. Hornfair Park is located directly behind the building, and a leisure centre is nearby. At 522 sq ft, this flat is larger than the average one-bedroom apartment. It benefits from double glazing, central gas heating, and access to communal gardens at the front of the development. Residents also enjoy access to an on-site gym and sauna room on the ground floor. The flat is located in Greenwich Heights on Master Gunner Place, SE18, and is just a 5-minute walk from Queen Elizabeth Hospital, Woolwich. Strong Investment Opportunity: This property currently generates a rental income of £1,500 per month, offering a gross ROI of approximately 6%, which is above average for London. It presents an excellent opportunity for: Buy-to-let investors looking for strong yields in a growing area First-time buyers seeking a well-connected, ready-to-move-in home with potential for future value appreciation Excellent Transport Links: There is a bus stop directly in front of the building, offering regular services to several nearby train stations: Blackheath – 89, 178 North Greenwich – 486, 161 Woolwich – 178, 161 Charlton – 486 Eltham – 161 Important Information: Council Tax: Approx. £130 per month Property Type: Flat Full selling price: £275000.00 Pricing Options: Fixed Price Tenure: Leasehold Remaining lease (In Year): 98 Yearly Ground Rent Cost: £160.00 Yearly Management Cost: £2079.00 Council tax band: B EPC rating: C Measurement:548.959 sq.ft. Outside Space: Communal Garden, Patio Parking: Allocated Heating Type: Gas Central Heating Chain Sale or Chain Free: Chain free Possession of the property: Vacant -----------------------------------------------------------------------------------------------------
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