Tenant in situ generating £1,100 PCM rental income
Chain-free sale with long lease (approx. 125 years)
Compact living: about 312 sq ft (one bedroom)
Private courtyard rear garden and off-street parking
Mains gas boiler, radiators and double glazing present
Described as dated; light refurbishment or updating likely
Wider area classification: deprived / hampered neighbourhoods
Sold as investment; possession subject to tenancy terms
This ground-floor one-bedroom maisonette offers a compact, income-producing entry into Mottingham’s rental market. The flat is currently tenanted at £1,100 PCM, providing immediate cashflow, and is being offered chain-free with a long lease (approx. 125 years) and low ground rent (£10). Off-street parking to the front and a private courtyard-style rear garden add practical appeal for tenants.
The property’s construction dates to the mid-20th century and it benefits from mains gas heating, double glazing and a traditional layout. Transport links are a strong local asset—Elmstead Woods station and regular buses make the location attractive to commuters. Nearby primary and secondary schools have good Ofsted ratings, which helps letability for younger households.
Buyers should note the flat is small (c.312 sq ft) and described as dated in places; it will suit investors or buyers comfortable with modest living space or light refurbishment. The wider area is classified as deprived and “hampered neighbourhoods,” which may affect long-term capital growth compared with more affluent pockets. The property is sold with a tenant in situ, so possession will depend on tenancy terms.
Overall this maisonette is a pragmatic purchase for investors seeking an established rental income and low holding costs (cheap council tax). It offers straightforward maintenance needs typical of mid-century construction, plus potential upside from a lease extension currently being progressed.
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