Long lease, practical amenities and immediate rental potential near parks.
Separate kitchen and built-in storage maximize usable space
Recently refurbished bathroom, move-in ready condition
991-year lease offers long-term security
Garage en-bloc with gated access — extra parking/storage
Communal laundry, lift, CCTV-secure bicycle room, motorcycle anchors
Electric room heaters only — potentially higher heating costs
Service charge approximately £1,932 per year
Local crime above average; area classified as deprived
A compact, well-located studio flat offering straightforward buy-to-let potential or an affordable first purchase. The apartment benefits from a separate kitchen, recently refurbished bathroom and built-in storage that makes efficient use of 474 sq ft. The building provides practical resident amenities including a communal laundry, covered bicycle storage with CCTV, dedicated motorcycle anchors, lift access and gated garage parking.
The property sits on an exceptionally long lease (991 years) and has a service charge of around £1,932 per year. Heating is electric with room heaters rather than a communal gas system — this keeps installation simple but may mean higher running costs. The block has had recent garage roof and door upgrades, and the apartment’s double glazing was installed after 2002, helping with insulation.
Location is a key draw: quick access to public transport, local shops and green space at Beckenham Place Park. Crime levels locally are above average and the wider area scores as relatively deprived, which are factors to weigh for long-term tenant demand and insurance costs. Rental estimate around £1,000 pcm gives an indicative net yield near 6.75% for cash buyers, but buyers should verify figures against current costs and taxes.
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