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Beaconsfield Road, London 2 bed apartment for sale
Beaconsfield Road, London
£250,000
Beaconsfield Road, London
£250,000
Our Summary
- The property includes direct access to a private rear garden and requires modernisation, offering clear scope for improvement
- The property is most suitable for cash buyers, as mortgage lending can be restricted on CPO-affected homes
- FOR SALE BY ONLINE AUCTION
- For sale by online auction
- Requires modernisation
Description
This large vacant ground floor apartment is located in a low-rise block with direct access to a private rear garden, offering scope for modernisation and improvement. The property is situated close to Walworth Road and Elephant & Castle, which is undergoing significant regeneration, providing excellent transport links and a strong investment prospect. With an estimated rental value of £2,100-£2,200 per month and a gross yield of 10.1%, this property is ideal for cash buyers, as mortgage lending can be restricted due to its location within a Compulsory Purchase Order (CPO) area. Despite this, the property presents an opportunity for strong short-term rental returns and secure compensation potential through the regeneration programme.