£235,000
London, E14
- 2 beds
£235,000
- 2 beds
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Tenure: Leasehold.
Lease remaining (For Leasehold tenure): 89 (in years).
Service charge (For Leasehold tenure): £1900 per year.
Ground rent (For Leasehold tenure): £10 per year.
High-Yield 2-Bedroom Ground Floor Flat with Garden in E14
Presenting a prime investment opportunity in the heart of East London, this well-maintained 2-bedroom ground floor flat offers a reliable income stream and potential for long-term capital growth.
Situated just a short walk from Mile End Tube Station, the property boasts excellent transport links into Canary Wharf and Central London. Local amenities are within easy reach, including a variety of restaurants on Burdett Road and Mile End Road, making it a convenient and desirable location for tenants.
Annual Rent: £19,800 (£1,650 PCM)
Yield: Approximately 7.8%, offering a strong return on investment in the London market.
Service Charge & Ground Rent: £1,993 per annum
Lease: 89 years remaining
EPC Rating: C, following the installation of a new combi boiler system in 2023
EWS1 Certificate: B1, with no remedial work needed
Tenure: Leasehold
Condition: Sold furnished, including a new cooker
Management: Fully managed by a City Fox estate agent, ensuring hassle-free ownership
This property offers a rare combination of high yield, strong tenant demand, and minimal maintenance concerns, making it an attractive addition to any property portfolio. With its proximity to key transport links and local amenities, it appeals to professionals seeking convenient living options in London.
Price: £235,000–£240,000
For more information or to arrange a viewing, please contact us at 02077915333. Dont miss out on this exceptional investment opportunity in E14.
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