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1 bed property, in Jubilee Building, £375,000
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1 bed flat

Jubilee Building, Jamaica Road, Bermondsey SE16
£375,000

Price History

Initial price £450,000
Current price £375,000
Price Change 0.0%

Our Summary

  • Additional amenities include a hallway storage cupboard Financial Details: GUIDE PRICE: £375,000 - £400,000 Lease: 102 years remaining Ground Rent: £533 per annum Service Charge: £1,710 per annum Council Tax Band: C (£1,594, London Borough of Southwark) Investment Potential: Bermondsey has experienced steady property value growth, with an approximate 5% year-on-year increase, attributed to its proximity to central London, excellent transport links, and a blend of historical and modern architecture

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Description

This chain-free, one-bedroom ground-floor apartment is located just a minute's walk from Bermondsey Tube Station, offering swift access to key destinations such as London Bridge and Canary Wharf. The property boasts a bright and spacious 25-foot lounge/kitchen diner with modern appliances, a well-sized double bedroom with an alcove for double wardrobes, and a remodelled bathroom with a crisp white suite and over-bath mixer shower. With 102 years remaining on the lease, the property offers a stable investment opportunity, with an estimated rental income of around £1,900 per month.

The area has experienced steady property value growth, with an approximate 5% year-on-year increase, attributed to its proximity to central London, excellent transport links, and a blend of historical and modern architecture. The property is surrounded by vibrant amenities, including cultural attractions, scenic river walks, and a variety of bars and eateries, making it an excellent opportunity for both homeowners and investors seeking a stylish, conveniently located apartment in one of London's most desirable neighbourhoods.