West Block, Metro Central Heights, Elephant And Castle, SE1 6BW

  • Asking Price £400,000
For Sale

Overview

  • 1
  • Bedroom
  • 1
  • Bathroom
  • 538
  • sqft
  • Flat/Apartment
  • Property Type
  • NBC161536
  • Property Reference

Description

Double Glazing | Dual Aspect Open Plan | 5th Floor | 538 Sq Ft | One Bedroom | Separate Dinning and Reception Room | Balcony | 24Hr Concierge | Swimming Pool | Jacuzzi | Gym | Right to Park | Zone 1 Location

A well maintained 5th floor apartment measuring 538 Sq Ft features a bright and spacious reception with an East facing, dual aspect windows and open plan fitted kitchen, large master bedroom, spacious bathroom and built-in storage. The apartment further features a terrace which is rare for the building.

This fantastic investment opportunity is currently acheiving a 6.8% gross yield. The current owners were previously using the apartment as a two bedroom with a partition wall installed however they have since removed the wall in order to sell.

Metro Central Heights is a highly sought after development which benefits from communal gardens, which is great for resident’s, gym, indoor swimming pool, Jacuzzi and a 24Hr concierge service.

The development is adjacent to Elephant and Castle station which serves both the Bakerloo and Northern lines making it an ideal location for professionals working in the city.

Metro Central Heights has great amenities and is located right on the doorstep of this new developments as well as the area undergoing a huge £1.3 billon regeneration project underway providing several new shops, restaurants and venues for the years to come.

Lease – 976 remaining
Service charge – £4500 per annum
Ground rent – £150 per annum

A well -maintained 5th floor apartment measuring 538 Sq Ft features a bright and spacious reception room with a East facing, dual aspect windows and open plan fitted kitchen, large master bedroom with spacious bathroom, with built-in storage.

This Fantastic investment opportunity which is currently set out as a two bedroom apartment makes a excellent sized one bedroom apartment with the property currently out occupied and achieving £1550 per calendar month, provide a very good gross yield

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Description:

What’s Nearby

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Key Information

  • Ref: NBC161536
  • Type: Flat/Apartment
  • Availability: For Sale
  • Bedrooms: 1
  • Bathrooms: 1
  • Reception Rooms: 1
  • Parking: Residents Parking
  • Outside Space: Balcony
  • Council Tax Band: C
  • Tenure: Leasehold
  • Leasehold Remaining: 971 years
  • Ground Rent: £150.00
  • Service Charge: £4,500.00

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