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House For Sale Molesworth Street, London, SE13

£280,000

Yield: 4.74%
1 of 9
Yield: 4.74%
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  • Rental Guide: £880 - £1,105
  • Description
  • Floor Plan
  • Street View
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Key Features

  • Tenure: Leasehold
  • High Specification Studio
  • Separate Sleeping Area
  • Ample Storage
  • Fourth Floor
  • Concierge Service
  • Communal Roof Garden
  • Long Lease
  • Strong Rental Yield
  • Chain Free
  • Epc Rating C
Last Updated: 2nd February 2020

Description

This stunning apartment situated in the luxurious Riverdale House development located in the heart of buzzing Lewisham. The property is a fourth floor apartment and consists of a fully integrated, stylish kitchen with dining area, spacious and bright lounge, separate sleeping area, fully tiled modern bathroom and a superb quality finish throughout. Residents benefit from comprehensive concierge service, communal roof terraces and excellent transport links being adjacent to Lewisham DLR and National Train Station. Lewisham Shopping Centre and Glass Mill Leisure Centre are just a few minutes’ walk from the development.
Agent Details
Life Residential
Block A, Hudson Building, Deals Gateway, London, SE10 8EA
Show Contact Number
020 8692 2244

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been partially classified.
5.7

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Very good rental demand in this area.
Compared to other property investments this gives a very poor return.
2

Interest Rates

Bank of England Base Rate:
0.1%
Current record low interest rates encourage house prices as it encourages people to borrow.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages will lead to steady house price growth.
5

Fiscal Policy

Stamp Duty:
£8400
Lower taxes for this property type will not burden this property type as much leading to potential future price growth.
8.9

Comparison with other investment alternatives

Investng in this property will give you a slightly better regular return when compared to other conservatve nvestments.
6

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro 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.
Rental Data
0 bedroom properties in close proximity are mostly listed £100 - £1,105 – 14 recently listed properties were found in that band. However, the highest were £1,257, £1,250, £1,250.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested