Franklin Close, West Norwood, SE27

The property consists of a large lounge with access to a balcony which has views across south London and into the city. The kitchen is of a good size with the ability to add a small dining table. There are 3 bedroom on the second floor, two small doubles and one large bedroom. The property has a family bathroom with separate wc. In the hallway there is a very large cupboard with ample storage space.

The dwelling is in need of some refurbishment and suits both investor and first time buyer seeking to have a lodger. At present market conditions the property could achieve a rental yield of approx 5.5% once small cosmetic works have been carried out. The property is situated in a residential area with good transport links into neighbouring towns. West Norwood Train Station is under 0.3 miles and gives access into central London within 25 minutes. West Norwood has a host of amenities ranging from supermarkets to cafe’s bars, to Libraries.

Service charge approx £1200pa

Lease length 99 years

Ground rent £10

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