This property has been taken off the market.

2 Bed Flat For Sale Albion Street, London, SE16

£295,000- Flat

1 of 11
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 20th May 2024

Description

Here's an ideal investment opportunity in one of London's most desirable areas: this ground floor, two-bedroom flat is on Albion Street, 1 min walk from the overground and several mins' walk to the bars, pubs, and restaurants along the Thames. In addition, you can walk to galleries, gig venues, theatres and cinemas of Rotherhithe, and the property is half a mile from Southwark Park, with 60 acres of meadows, playgrounds & gardens. Or if you enjoy staying active, you'll find football & tennis courts and the leisure centre.\r
\r
Waiting for the catch? This property requires some refurbishment. The reward for your hard work will be a potential £370,000 mark, or £1,600 pcm if you rent. Turner Court has excellent transport connections. The lease has 67 years remaining, so it would require extending. \r
\r
Location and Transport Links\r
\r
Turner Court is a 1 min walk from Rotherhithe station, which is on the Overground line. You can reach Shoreditch high street in 11 minutes by heading north via Whitechapel, which connects you with the District & Hammersmith line. For Canary Wharf, take the 6 min walk to Canada Water and take the Jubilee Line two stops.\r
\r
If you keep going north to King's Cross St Pancras, you can access mainline services to Leeds, York and Edinburgh, and the Eurostar to Paris, Brussels or Amsterdam; Euston station is five minutes away, for trains to Birmingham, Manchester, Liverpool and Scotland.\r
\r
Nearby amenities\r
\r
There are dozens of shops, pubs, restaurants, bars, cafés and cultural attractions within a 15-minute walk of Turner Court, so this is only a flavour of what's on offer. The property is a few minutes' walk from the Mayflower pub, which serves pub grub & ales, with views overlooking the river. And 7 mins walk from Leadbelly's, a bar & grill that serves fantastic dishes & cocktails. Local gyms include Seven Islands, 0.4 miles away, and outdoor boot camps in Stave Hill park, 0.6 miles away, great in the summer for all fitness levels. Kings Stairs Gardens are 6 mins from Turner Court, a local place to unwind when the weather's fine.\r
\r
Key Features\r
\r
Two bedrooms\r
Great rental opportunity\r
Good transport links\r
Close to hotspots along the Thames\r
No Chain\r
Searches available upfront\r
\r
Room by room\r
\r
The property has a main double bedroom, a single bedroom, a bathroom, a living room, and a kitchen. The flat is on the ground floor and has electric heating & double-glazing windows throughout.\r
\r
Bedroom 1, double with laminated flooring, 3.6m x 2.6m \r
Bedroom 2, single with laminated flooring, 2.71m x 2.01m\r
Living room, laminated flooring, 3.6m x 3.5m\r
Kitchen, electric hob & oven, wall units, space for white goods, 2.41m x 1.71m\r
Bathroom, bath, toilet & sink, 2.4m x 1.71m\r
\r
Making an offer through us\r
\r
We already have the title register plan, lease & searches on the property. Request details to see the information. Having these documents upfront will save time and stress when you have had an offer accepted.
Agent Details
Sail Homes
Engine Shed Clock Station Approach Temple Meads, Bristol, BS1 6QH

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 2 bedroom property. See more properties like this.

£425,000
London, E1W
Flat
9.3
£850,000
London, E14
Duplex
9
£425,000
London, E1
Flat
8.4
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested