Elderwood Place, West Norwood... 1 bed flat for sale

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Elderwood Place, West Norwood... 1 bed flat for sale

Elderwood Place, West Norwood, London, SE27
£275,000

Our Summary

  • 5%, making it an excellent investment opportunity

Description

This beautifully presented one-bedroom ground floor garden flat is situated in a quiet location on a modern development in the grounds of a grade II listed former children's home. The property features a double bedroom, reception room, separate kitchen, family bathroom, private garden, and wonderful communal gardens. It also has a covered storage area and is located opposite Norwood Park, with easy access to bus routes and amenities in Crystal Palace and West Norwood. The property is gated for security and has allocated parking, making it an excellent investment opportunity with an expected rental yield of approximately 6.5%. The lease has been extended to 174 years, and the property has an EPC rating of C.