0 bed Block of flats (for sale) St Saviours Estate, London SE1

£4,908,000
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Vesta Property
Aston House, Cornwall Avenue, London,
020 8115 4124
First Published

16th Oct 2020

Last Published

16th Oct 2020

 

Features

  • Type: Block of flats
  • Bedrooms: 0
  • Listing status: sale
  • Country: England

Description

This is an investment opportunity to purchase a ready-made portfolio of 8 apartments and 2 houses located in Southwark and Bromley. It generates £237,336 gross rent pa & 4.8% gross yield.

Vendor is open to selling individual properties

A portfolio of very well finished properties in great hotspots of central London, attracting young professionals working in the city. The portfolio as a whole is generating excellent and stable returns.

Portfolio summary:

8 leasehold apartments comprising of:
- 2 x 1-bed apartments
- 5 x 2-bed apartments
- 1 x 4-bed apartment
1 leasehold terraced house
- 1 x 3-bed house
1 freehold terraced house
- 1 x 3-bed house

Rental information:

Fully let
Current monthly rental income £19,778

Locations:

This portfolio is spread over London in the following locations:

1 x unit in Bromley
7 x units in Southwark

Available upon request:

Portfolio breakdown
EPCs for all units
Leasehold information per unit

Note:

Please note that Vesta has not visited the properties and that all material has been provided by the vendor.

 

Local info for SE1

Floor plan

 

Property Value Data/Graphs for SE1

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Flat 87.9% £1,329,859 1.9 1.4
Studio 6.1% £711,111 0 0.8
Other 1.9% £1,050,883 1.9 1.1
Terraced house 1.3% £1,171,574 3 1.6
Maisonette 1.1% £625,934 2.6 0.3
Detached house 0.4% £1,182,492 2.5 0.7
End terrace house 0.3% £966,238 2.5 1
Land 0.2% £1,726,667 2 2
Town house 0.2% £1,458,333 3 2.7
Parking/garage 0.1% £106,000 0 0.5
Block of flats 0.1% £743,750 0 0
Semi-detached house 0.1% £1,175,000 2.5 0
Farm 0.1% £127,750 0 0

Area Information

Average Price Paid

£773,392

Sales

5517

Current Average Value

£1,272,687

Value Change

£499,295 64.6%

 

Current Asking Prices in SE1 Average: £1,272,687

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses £489,923 (13) £1,030,660 (15) £1,479,745 (20) £1,152,211 (9) £2,947,500 (2)
Flats £675,357 (408) £1,251,621 (629) £2,549,044 (215) £4,330,000 (15) £616,333 (3)
All £669,631 (421) £1,246,474 (644) £2,458,040 (235) £3,138,329 (24) £1,548,800 (5)

Nearby Properties

9 bed End terrace house () 2Ap, Mayfair W1K £65,000,000
12 bed Terraced house () Upper Grosvenor Street, London W1K £54,500,000
0 bed () Brook Street, London W1K £50,000,000
7 bed Semi-detached house () Walton Street, Knightsbridge, London SW3 £44,000,000
7 bed Terraced house () Ilchester Place, Holland Park, London W14. £32,000,000
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