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Vanbrugh Park Road West, Blackheath Studio for sale
Vanbrugh Park Road West, Blackheath SE3
£140,000
Vanbrugh Park Road West, Blackheath SE3
£140,000
Our Summary
- A vacant studio apartment requiring modernisation, located in Blackheath offering quick and easy access to Blackheath Village and Royal Greenwich Park
- Please note: Cash buyers only due to current length of the lease
- Cash buyers only
- FOR SALE BY ONLINE AUCTION
- For sale by online auction
- Requires refurbishment
Description
This vacant studio apartment in Blackheath is in need of modernization and offers quick access to the village and Royal Greenwich Park. It has potential for owner occupation or rental investment, with estimated monthly rents ranging from £1,100 to £1,200 and a gross yield of 9.43% to 10.29%. However, it's only suitable for cash buyers due to the current length of the lease, making it an opportunity for those with the means to take on the renovation and potential rental income.