Moodkee Street, London, SE16 3 bed flat for sale

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Moodkee Street, London, SE16 3 bed flat for sale

Moodkee Street, London, SE16
£545,000

Price History

Initial price £575,000
17/07/24 £550,000
25/12/24 £545,000
Price Change -5.22%

Description

This stunning three-bedroom flat, located in a private red-brick block built in 1929, offers exceptional living space with a large living room, two bathrooms, and an open-plan kitchen with two entrances. The property features original wooden floors and windows on three sides, allowing plenty of natural light to flood the space. Currently rented as a House in Multiple Occupation (HMO) to four tenants, generating a gross rental income of £55,000 per year, this property is an excellent investment opportunity or a perfect home for those seeking a blend of historical charm and modern living. With a leasehold of 961 years remaining and a well-maintained condition, this property is located just a few moments' walk from Canada Water Underground Station and offers a gross yield of around 6.4%.