First Time Buy Or Buy To Let | Second Floor | One Bedroom Apartment | 510 Sq Ft / 47.37 Sq M | Separate Kitchen | Double Bedroom With Built-In Storage | Lift Access | Secure Gated Development | Moments From Brockwell Park | Scope For Modernisation And Improvement | Available Vacant Or Tenanted | 7.1% Rental Yield

A well-proportioned one bedroom apartment situated on the second floor of this purpose-built development on Effra Parade, offering approximately 510 sq. ft of accommodation and an excellent opportunity for a purchaser looking to update a property to their own taste.

The accommodation is centred around a generous reception/dining room, providing plenty of space for separate living and dining areas and benefiting from good natural light. There is a separate kitchen, a good-sized double bedroom with built-in storage, and a bathroom.

The apartment is presented in largely original condition and would benefit from updating, making it particularly well suited to a buyer looking for a home they can personalise or improve over time.

The development benefits from secure access and a lift, while its location is a major attraction. Brockwell Park is close by, with both Brixton and Herne Hill within easy reach for their wide selection of shops, cafés, restaurants and transport connections. Brixton provides access to the Victoria Line and National Rail services, while Herne Hill offers regular rail connections into central London.

A spacious one bedroom apartment in a well-connected South London location, offering strong proportions and genuine potential to add value through refurbishment.

The apartment is currently let to a long term tenant on an tenancy at some £19,200 per annum, delivering a yield of 7.1% and would make an ideal buy to let investment. It is also available with vacant possession on completion subject to the correct notice.

FAQ

Local Authority: Lambeth
Council Tax Band: C
Council Tax 26/27: £1,819.66
Tenure: Leasehold:104 years remain
Service Charge: £1720.46
Ground Rent: TBC