Nasmith Court | Bermondsey | London Freehold Opportunity
Off Market Property For Sale
Freehold residential block for sale.15 flats fully let on ASTs, located in the heart of the Bermondsey Spa regeneration area
- 15 x 1, 2 and 3 bedroom flats
- Fully let on individual ASTs
- 8,986 sq ft of residential accommodation over 4 storeys
- Additional ground floor F1 accommodation of 1,938 sq ft with potential for an additional 2 bedroom apartment
- Gated courtyard with parking and cycle store
- 6 minutes walk from Bermondsey tube station for the Jubilee line
- 20 minutes walk to London Bridge station
- 6 minutes walk to amenities at Shad Thames and Maltby Street market
- View more for further details and to download the brochure.
Description:
Freehold residential block for sale as a whole. The property was constructed in 2000 and comprises 15 residential flats over upper ground, first, second and third floors.
The flats range in size from 377 to 893 sq ft with a total residential area of 8,986 sq ft of accommodation.
The building has a gated entrance to the central courtyard on Old Jamaica Road, as well as a key code entrance into the communal areas from Abbey Street. Parking for 5 cars and a cycle store are available in the courtyard.
There is an additional 1,938 sq ft of F1 accommodation on the lower ground floor accessed via the residential entrances. This is currently being used as storage space and has potential for the development of an additional accessible 2 bedroom apartment plus storage space.
The majority of the flats are currently let on standard ASTs on 12 month contracts with 6 months break clauses.
Two of the flats are currently used as missionary accommodation with no rent being charged.
The flats are in dated condition and there is an opportunity to extensively refurbish and add value.
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All apartments come fully furnished, with fitted kitchens fully furnished, ready to use start from the moment you become the proud owner.
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