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3 bedroom flat for sale
Flat 21, Landmann House, Rennie Estate, London SE16 3PF
£240,000
Flat 21, Landmann House, Rennie Estate, London SE16 3PF
£240,000
Our Summary
- For sale on 27 November 2025 Our national property auction will be broadcast online with live auctioneers
- To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
- The auction will commence at 09:00
- An investment opportunity to acquire a 3 double bedroom flat currently generating a handsome income in excess of £27,600 per year offering a gross return in excess of 10% against the guide price
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
- Auction: 27
- Investment Opportunity
Description
This 3-bedroom flat in a sought-after London postcode is an investment opportunity generating a handsome income of over £27,600 per year, offering a gross return of over 10% against the guide price. The property is licensed and HMO-approved for three individuals and has been recently refurbished by the current owner. It features a balcony off bedroom one, three double bedrooms, a kitchen, bathroom with additional WC, and is located on the 6th floor. The current tenants started their ASTs in February 2025 and run for 12 months. The property is available to purchase through an online auction with a guide price and reserve price, with a 5% deposit and a buyer's fee of 4.8% of the purchase price.