Property Details: - Type: Apartment - Bedrooms: 2 - Bathrooms: 1

Agent: First for Auctions - National Phone: 01344 527052

A well proportioned two bedroom apartment, conveniently located within easy reach of excellent rail connections from Nunhead and Brockley stations, together with a comprehensive range of local amenities and Peckham Rye Park.<br/><br/>The property is offered for sale by auction and represents a notable opportunity for investors seeking an asset with potential for enhancement in a highly desirable location.<br/><br/>The estimated rental income is in the region of £1,800 per calendar month, reflecting an approximate gross yield of 12.7%, subject to the property’s condition and market conditions.<br/><br/>Please note: Cash buyers only due to current restrictions on residential mortgage lending for the building.