Tilston Bright Square, London SE2

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

Agent: Palace Auctions - Mayfair Phone: 020 3542 2754

<p>13 Hippersley Point, Tilston Bright Square, London SE29DR</p><p>Auction Guide Price £275,000 Plus.</p><p>for sale under an auction contract.</p><p><br/></p><p>2 bedroom Leasehold Apartment (991-year lease). Achieving £18,600 per year Income.</p><p><br/> <br/><br/><b>The property</b><br/><br/>This beautifully presented 2-bed 1-bathroom apartment.<br/><br/>The apartment is East facing, offering a bright and airy accommodation space throughout, and boasts an open-plan kitchen diner. and 2 Double bedrooms, (which includes a 3-piece bathroom suite). And an additional storage room.<br/><br/>Constructed just 8 years ago, and is located on the 4th floor.<br/><br/>Provides approximately 750 square feet (67 square metres) of gross internal area.<br/><br/>Spacious East-facing balcony.<br/><br/> <br/><br/><b>TENURE:</b> Leasehold. With 991 years unexpired.<br/><br/>Ground Rent: £300 per year.<br/><br/>EPC Rating: B.<br/><br/>Council Tax Band: C<br/><br/> <br/><br/><b>Investment Value</b><br/><br/>The property is let on an Assured Shorthold tenancy, holding over from July 2023. Achieving a monthly rental income of £1,550 per month or £18,600 per year.<br/><br/> <br/><br/><b>Position</b><br/><br/>The property is easily found by searching our what three words system and typing. <a target="_blank" href="https://what3words.com/star.wished.boat">star.wished.boat</a> .<br/><br/>Amenities are readily available by virtue of the adjoining Sainsbury’s superstore.<br/><br/>The apartment is well situated, moments away from Abbey Wood Station (Zone 4). Being just a 600-yard walk.<br/><br/> <br/><br/><b>Location</b><br/><br/>The Apartment stands just west of the A2041 “Harrow Manorway”. Directly adjacent to Overton Road.<br/><br/>Four miles from Woolwich<br/><br/>Nine miles from Canary Wharf<br/><br/>14 miles Southeast of Central London<br/><br/>Abbey Wood Station is served by Thameslink and Southeastern trains.<br/><br/>The Elizabeth line service. Provides a direct link to Central London,<br/><br/>The City of London airport is 11 miles. Providing links to Heathrow.<br/><br/>The Elizabeth line service continues to Maidenhead,,<br/><br/>Reading,<br/><br/>and Luton.<br/><br/> <br/><br/><b>Buyer’s Premium:</b><br/><br/>Applies under the fall of the hammer. The purchaser shall pay 10% deposit, plus, in addition a buyer’s premium of 2% of the sale price, minimum of £5,000 + VAT upon exchange of contracts.<br/><br/>When registering to bid with us we will require 2 forms of ID (Passport, Driving Licence) to fit in line with the Anti Money Laundering Act.</p>