3 Bed Apartment For Sale

277 Upton Road South, Bexley, Kent DA5 1QR

Guide Price: £390,000

Current Rental Income: £1,900 pcm (£22,800 pa)

Key Investment Highlights

Large 3-bedroom first-floor flat in the heart of sought-after Bexley Village - a commuter-friendly, high-demand location

Fitted kitchen, double-glazing, gas central heating - strong tenant appeal

Spacious reception room and three well-proportioned bedrooms

Located close to the train station (approx. 23 mins to Charing Cross) and excellent access to A2/M25

Chain-free sale, 145-year lease, peppercorn ground rent (£4 pa), no service charge - exceptional buy-to-let terms

Current assured shorthold tenancy commenced August 2025 on a 12-month term - immediate income in place

Property Description



Offered to the market chain-free, this impressive three-bedroom first-floor apartment presents an ideal opportunity for investors. The accommodation comprises a large reception room boasting a brick-built feature fireplace, coving, double-glazed windows and industrial-style radiators; a fitted kitchen with tiled flooring, built-in electric oven, gas hob, extractor, and space for fridge/freezer, washing machine and dishwasher; three bedrooms (with the third currently in use as an office), and a separate bath/shower room with vanity wash-hand basin, WC, walk-in shower, bath, and frosted double-glazed window.



Entrance hall is carpeted and includes dado rail and skirting. The property benefits from gas central heating and double glazing throughout.



The flat occupies a favoured position on Upton Road South in the heart of Bexley Village, just a short walk from the popular high street with its cafés, boutiques, and amenities, and boasts powerful school catchment credentials, including access to grammar schools. Transport links are excellent, with Bexley station within walking distance (approximately 23 minutes to Charing Cross) and easy access to the A2/M25 corridor by vehicle.



Lease details: 145-year lease, no service charge, peppercorn rent of £4 per year, and the obligation to pay half of the building insurance at around £500 per annum.



Investment Analysis - Returns & Yield



Purchase Price (Guide): £390,000

Annual Rental Income: £22,800

Gross Yield: 5.84%



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