£275,000
1 bed flat for saleCompass House, Armoury Road, Deptford, London SE8
1 bed
1 bath
1 reception
EPC Rating: C
About this property
One bedroom first floor apartment
Small modern development with communal gardens
Residents’ parking
Recently decorated and recarpeted
Five minutes to Elverson Road DLR
Chain free with extended 161 year lease
Superb buy to let with 5.2% rental yield
The property has been recently decorated and recarpeted, creating a bright, clean and welcoming home that is ready to move straight into. The accommodation is well proportioned throughout and includes a generous reception room with excellent natural light, a separate fitted kitchen, a good-sized double bedroom and an attractive bathroom with shower. The overall condition is excellent, making it an ideal first-time purchase, London base or investment opportunity.
Compass House forms part of a pleasant modern enclave, set back within communal grounds and offering the added benefit of residents’ parking. The development is particularly well placed for transport, with Elverson Road DLR around a five-minute walk away and Lewisham Station and DLR within approximately eight minutes. Lewisham is in Zone 2 and offers fast connections into London Bridge in around seven minutes, as well as services to Cannon Street, Waterloo East, Charing Cross, Victoria and Canary Wharf, which can be reached in around 15 minutes via the DLR.
The area continues to benefit from significant regeneration and investment, further enhancing Lewisham’s already excellent amenities and long-term appeal. Blackheath, the Heath, Greenwich Park and historic Royal Greenwich are all within easy reach, offering a wonderful choice of open spaces, cafés, restaurants, shops and cultural attractions. Greenwich itself is a unesco World Heritage Site and home to some of London’s finest historic buildings, while the O2, river bus service and Greenwich foot tunnel are also close by.
Offered chain free, the property also provides an attractive rental yield of approximately 5.2%, making it a particularly appealing option for investors as well as owner occupiers and the further benefit for an extended 161 year lease. Viewing is highly recommended.
Under the Estate Agents Act, we are required to disclose that a member of staff has an interest in this property.
Mortgage calculator
£1,375 per month
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More information
Tenure
Leasehold (161 years)
Service charge
£1,920 per year
Council tax band
B
Ground rent
£50
Ground rent date of next review



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