£400,000
(£771/sq. ft)
2 bed flat for sale
Grosvenor Terrace, London SE5Leasehold
2 beds
1 bath
1 reception
519 sq. ft
EPC Rating: C
Key information
Tenure
Leasehold (107 years)
Service charge
£1,067 per year
Council tax band
B
Ground rent
£150
Ground rent date of next review
Ground rent review period
Every 25 years
About this property
Two Bedrooms
Patio Garden
Built in Storage
Good Transport Links
Council Tax Band B
EPC Rating C
A two bedroom apartment with a private southwest facing rear patio garden - Situated on a tree-lined street.
Internally you are presented with a well-presented reception/dining room with space to relax and entertain, finished with white walls and wood flooring. The kitchen is fitted with white wall and base units, butchers block style worktops, an integrated oven and hob and white tiled splashbacks. Heading through the property, you will find two bedrooms. The master bedroom offers space for a double bed and furniture, fitted with built in storage and offers access to the rear patio garden. The garden is southwest facing and allows space for a table and chairs, just add your favourite planters and herbs! Heading back into the property you will find a three-piece bathroom suite, fitted with a heated towel rail, a toilet, a sink and a bath with an overhead shower, perfect for a relaxing soak, or the busy morning dash.
There is a very active Grosvenor Community and Tenants and Residents Association that maintains the small children’s park at the end of the road and also organises a range of events such as - film nights and supper clubs, it’s great to have such a sense of community in such a central location. Buses from John Ruskin Street will whisk you the few stops it takes to get up to Elephant & Castle for tube (Bakerloo, Northern) and surface rail connections. Or take the 0.5 mile walk to Oval Station and the popular Oval Saturday farmer’s market. Grosvenor Terrace is opposite Burgess Park, which, at a mile long, is Southwark’s largest. There is plenty to explore here – the café, outdoor gym, lake, state of the art playgrounds, tennis courts, table tennis tables, designated barbeque facilities and even a world class bmx track.
Asking Price: £400,000
Tenure: Leasehold
Council Tax band: B
Authority: London Borough of Southwark
Lease length: 107 years remaining (Started in 2006 with a lease of 125 years)
Ground rent: £150 a year (Subject to increase)
Rent review
29 September 2031 and 29 September 2056
Increase calculation: £150 until 28 September 2031 £300 from 29 Sept 2031 until 28 Sept 2056 £2400 from 29 Sept 2056
Service charge: £1,067 a year
Construction: Standard construction
Property type: End-terrace, Maisonette
Number of floors: 3
Has lift: No
Over commercial premises: No
Parking: On Street
Controlled parking zone: Yes
Electricity: Connected to mains electricity
Water and drainage: Connected to mains water supply
Mains surface water drainage: Yes
Sewerage: Connected to mains sewerage
Heating: Central heating, Mains gas
Heating features; Double glazing
Building safety issues: No
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Listed by
Hunters - Camberwell