1. Property photo 1 of 8 External
  2. Property photo 2 of 8 Lounge
  3. Property photo 3 of 8 Kitchen

From

£220,000

1 bed flat for sale
Edison Road, Welling, Kent DA16

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: D

Chain free
Leasehold
Reduced on 02/06/2025

About this property

  • 14ft lounge

  • 7ft kitchen

  • Chain free

  • Access to coummnal garden

  • Allocated parking

  • Double glazed

  • Anticipated yield 7.15%

***guide price £220,000 - £230,000***
Offered to the market chain free is this well presented one bedroom ground floor flat. Convenient for local schools, shops and Welling mainline station.

*14ft lounge*
*7ft kitchen*
*chain free*
*access to coummnal garden*
*allocated parking*
*double glazed*
*anticipated yield 7.15%*




Key terms

Original Lease Term: Approximately 125 Years from 29/09/1992
Unexpired Lease: Approximately 93 years remaining
Current Ground Rent: Approximately £85.00 p.a.
Next Ground Rent Review Date: 2042 - increase to £130
Current Service Charge: Approximately £121.43 p.c.m.

Please note these charges maybe subject to reviews and should be verified by your solicitor.

The anticipated yield is based on current market conditions and estimated rental income. It is important to note that this is an estimate only, and actual yield may vary depending on factors such as market fluctuations, property management, tenant occupancy rates, and maintenance costs. We cannot guarantee that the anticipated yield will be achieved, and prospective investors should carry out their own due diligence, including seeking independent financial advice, before making any investment decisions. Robinson Jackson accepts no liability for any discrepancies or losses incurred as a result of relying on this estimated yield.





Entrance Hall:

Wooden door to front, entryphone, storage cupboard and wood style laminate flooring.

Lounge: (14' 8" x 10' 7" (4.47m x 3.23m))

Double glazed sliding door to rear and wood style laminate flooring.

Kitchen: (7' 6" x 6' 5" (2.29m x 1.96m))

Fitted with a range of wall and base units with contrasting work surfaces. Integrated oven, hob and filter hood. Tiled flooring. Opening to lounge.

Bedroom 1: (12' 6" x 9' 6" (3.8m x 2.9m))

Double glazed window to rear, built in wardrobe and carpet as fitted.

Bathroom:

Fitted with a three piece suite comprising of pedestal wash hand basin, low level wc and panelled bath with shower over. Tiled walls and tiled flooring.

Communal Garden

Parking:

Allocated parking space.

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Monthly repayment

£1,100 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

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Robinson Jackson - Welling

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