*** Offers Over £220,000 ***
CASH PURCHASERS ONLY
A fantastic opportunity to invest in this vacant first floor two/three-bedroom Victorian maisonette requiring some modernisation and/or cosmetic updating. There is a private entrance door with a staircase leading to the first-floor landing. A reception/dining room is set at the rear of the landing offering access through to the fitted kitchen. There are two double bedrooms and a large single with a study as an additional bonus. The property is part of an attractive period building located in a popular residential road with easy access to central Beckenham & Penge providing good access to tram services from Avenue Road, as well as rail links from Birkbeck and Kent House stations. Ideal for owner occupation or a letting investment with an estimated rent of £1,950 PCM depending on condition, gross yield 10.4% PAX.

Lease 99 Years (less one day) from 29 September 1957 - 32 years remaining. Ground Rent £6 pa. The vendor has unofficially advised that the lease extension costs should be in the region of £100,000 to £115,000 - this must be verified by any interested party by carrying out due diligence checks prior to exchanging contracts.
Council Tax Band: C.