Wallace Court, 42 Tizzard Grove, Kidbrooke Village, London, SE3 9EP
One-Bedroom Apartment | Fifth Floor | Prime Berkeley Homes Development
£350,000
EPC: B
Investment Overview
An outstanding opportunity to acquire a bright and spacious one-bedroom apartment within the highly sought-after Wallace Court, Kidbrooke Village, developed by Berkeley Homes.
Offered at a marketing price of £350,000, the property is currently generating:
This is a ready-made London investment with strong tenant demand, premium on-site facilities, and long-term regeneration-driven growth potential.
Financial Performance
Rental Income: £1,800 pcm (£21,600 per annum)
Gross Yield: 6.17%
Annual Running Costs
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Ground Rent: £300 per annum (Peppercorn lease structure)
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Service Charge: £3,500 per annum
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Total Annual Charges: £3,800
Net Income: £17,800 per annum
Net Yield: 5.09%
A 6%+ gross yield within a prime London Berkeley development represents a strong return relative to comparable SE London stock.
The Property
Situated on the fifth floor, this well-appointed apartment extends to approximately 547 sqft of internal space and benefits from a private terrace – a highly desirable feature for London renters.
The accommodation comprises:
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Spacious open-plan kitchen and living area
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Private terrace
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One generous double bedroom with built-in wardrobes
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Modern bathroom
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Contemporary finish throughout
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Unfurnished
The layout and specification make it particularly attractive to young professionals and corporate tenants.
The Development – Kidbrooke Village
Wallace Court forms part of the prestigious Berkeley Homes Kidbrooke Village regeneration scheme, one of South East London’s most successful residential transformations.
Residents benefit from premium lifestyle amenities including:
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24-hour concierge service
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Residents’ gymnasium
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Residents’ swimming pool
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Landscaped communal areas
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On-site bars, cafés and restaurants
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Retail and convenience amenities within the development
These facilities significantly enhance tenant appeal, rental resilience, and long-term desirability.
Investment Summary
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Detail
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Figure
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Marketing Price
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£350,000
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Annual Rent
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£21,600
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Gross Yield
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6.17%
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Net Yield (Pre-Finance)
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5.09%
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Ground Rent
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£300pa
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Service Charge
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£3,500pa
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Floor
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Fifth
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Size
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Approx. 547 sqft
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Conclusion
58 Wallace Court presents a rare opportunity to secure a high-yielding London apartment within a landmark Berkeley Homes development, combining:
An ideal acquisition for portfolio landlords seeking London exposure with income strength and long-term upside
LET PURE INVESTOR TAKE THE STRAIN AWAY …
We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio. From London to Lancaster, from Cardiff to Colchester, we provide a fully managed service for landlords looking to minimise costs and maximise efficiency.
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Fully managed lettings and property management service
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Comprehensive coverage throughout England and Wales
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One team, one fee across your full portfolio
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Rental income protection available
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Transfer your existing properties quickly and easily
If you would like to find out more about our lettings and property management service, or discover how much we could save you each month, please contact our team on Tel: 0161 337 3890.
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