Offers over
£325,000
(£468/sq. ft)
2 bed flat for saleBalaclava Road, Bermondsey SE1
2 beds
2 baths
1 reception
695 sq. ft
About this property
Spacious Two Bedroom Maisonette
Chain Free
Plenty of Storage
Excellent Setting on a Tranquil, Leafy Residential Street.
Off Road Residents Car Parking Permit Available
Moments from Award Winning Markets and Bernondsey Biscuit Factory Regeneration Plan
Within Easy Reach of the City
An ideal blank canvas for a first-time buyer or investor looking for a high-yield opportunity.
Low Service Charge and Long Lease
Community Feel - Seller lived there over 50 Years
The ground floor features a tidy kitchen, a generous reception room with access to a private balcony, and a guest restroom. The first floor boasts two double bedrooms, one with built-in storage, and a well-kept bathroom. Additional storage can be found in the ground floor hallway.
The greenery of Southwark Park, Burgess Park and Spa Gardens is just moments away. Located a short stroll from a plethora of local independent boutiques, artisan shops, bakeries and gyms; as well as the upcoming regeneration plan in the former Bermondsey Biscuit Factory. Bermondsey Street and its award winning restaurants is within easy reach.
Years on Lease - the lease is currently in the process of being extended to 179 years, from 82, at the seller’s expense.
Annual Service Charge - £1803.05
Annual Ground Rent - £10
Council Tax Band - B
Council tax, property size and, where applicable, lease information, service charges and ground rent are given as a guide only and should always be checked and confirmed by your Solicitor prior to exchange of contracts.
Mortgage calculator
£1,625 per month
70+ lenders and 10,000+ products
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.
More information
Tenure
Leasehold (179 years)
Service charge
£1,803 per year
Council tax band
B
Ground rent
£10
Ground rent date of next review



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