• Three bed apartment with tenants in situ +
• Annual rental income of £22,800 producing a gross yield of 5.84% +
• 145-year lease remaining with peppercorn ground rent at £4 pa and no service charges +
• Over 100sq meters +
• Situated in an excellent school catchment area +

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%