Summary - Flat 207 Dragoon Hall, Farndale Court, Master Gunner Place SE18 4PW
6 bed 6 bath Apartment
High rental yield close to Elizabeth Line and DLR stations.
- Six ensuite bedrooms, configured for multiple lettings
- Approx 1,258 sq ft total internal area
- Chain-free with 986-year lease and share-of-freehold
- On-site building management and secure intercom entry
- Service charge approximately £2,400 per year
- Electric room heaters; potentially higher tenant energy costs
- Local area: high crime and high deprivation risk
- Excellent transport links to Elizabeth Line and DLR
This second-floor, chain-free flat offers six ensuite rooms across a large-sounding 1,258 sq ft layout, presented as a rare buy-to-let opportunity in SE18. On-site management, a secure intercom entry and proximity to Elizabeth Line and DLR stations make it straightforward to let to commuting professionals.
The building is a modern block constructed in the late 1990s/early 2000s and is described as low-maintenance externally. The long lease (986 years) and share-of-freehold tenure reduce long-term ownership risk for investors. Service charges average £2,400 per year, and the property is offered vacant, which simplifies a quick purchase and re-letting process.
Buyers should factor in material drawbacks: the local area records higher crime and significant deprivation, which can affect tenant demand and insurance costs. Heating is by electric room heaters rather than central gas, so running costs may be higher for tenants. The property’s stated “overall size: small” note contrasts with the listed floor area and should be checked in person for layout practicality.
This apartment suits an investor targeting high rental returns in an inner-city, transit-connected neighbourhood. It offers immediate letting potential but requires realistic budgeting for management, utility expectations and local market risks.
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