Investment of the month -Alaska Building

1 Bed Apartment to buy in Alaska Building, Deals Gateway, Deptford, SE13

 

A contemporary one-bedroom apartment set on the second floor of Alaska Building at the award-winning ‘One SE8’ property development in Zone two, offering a respectable 4.99% yield making it an Ideal buy-to-let purchase for an entry-level investor.  For a first-time buyer, it would also make a convenient base to put down roots in the Capital.

Deal details

Price: £300,000 (Offers in excess of)

Rent: £288 per week (£14,976 per annum)

Yield: 4.99%

Size: 430 square feet

Floor: 2nd floor

Lease: 109 years

 

Property Features

1 bedroom

1 bathroom

Second floor

24hour concierge

Residents Gym and swimming pool

Zone 2

Private balcony

The Development

One SE8 offers a selection of competitively priced flats for sale in London and is conveniently situated just moments away from Deptford Bridge DLR taking you into Canary wharf or London Bridge in 15 minutes. Residents benefit from excellent on-site facilities  including a 50-metre swimming pool,  24 hour concierge and the ultra-modern gymnasium.

 

Rental Demand 

With its favourable Zone 2 location, Deptford is surprisingly cheaper than other areas along the Southbank of London making it in demand from City business professionals and students who are seeing these new property developments as a general reflection of local prosperity and an asset to the neighbourhood as a whole.

 

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About the Author

Established in 1958, Benham and Reeves is one of London’s oldest, independently owned property lettings and sales agents. With specialism in residential sales, corporate lettings and property management in prime areas of London, the company operates from seventeen prominently located branches and five international offices.

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