Latest Valuation
£625,000
ROCE
%
Location
London

10% BMV Apartment in London with Multiple Amenities Nearby

There are 2 excellent and profitable options for this deal: rent or refinance.
Guide Price
£562,500

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Key Features

  • Prime location
  • Short walk to Kennington Tube & the city
  • Below market value

The Property

Sourced are thrilled to present this 10% BMV apartment in London with multiple amenities nearby.

Flat 19, 216, Kennington Road, London, Greater London SE11 6HR - Sold in August 2020 for £630,000 (Rightmove).

Selling Office: Manchester Central

Planning Information

N/A

The Plan

Below market value deal in a superb sought after location in South East London.

Valued & previously marketed at £625,000.
This direct to vendor deal represents great value to investors at £562,500 (10% BMV).
Previously another comparable apartment in the building sold at £630,000 in august 2020.

*Looking for a quick sale*

Options for this property:

- Rent at £2,000 + pcm
- Buy & refinance

The Financials:

Purchase price: £562,500
Current value: £625,000
Sourcing fee: 2%
Rented for: £1,915
Rent at: £2,000 + pcm (optional)

The Location

Situated in South East London this superb 2 bedroom apartment is in a prime position. A short walking distance away from the city, this is perfect for the professional city worker.

Close to lots of transport links, including Kennington Tube. A wide range of amenities in close proximity in this sought after location.

Average estimated value for a house in SE11 6HR

£

Flat 19, 216, Kennington Road, London, Greater London SE11 6HR - Sold in August 2020 for £630,000 (Rightmove)

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