Sponsored Get a Survey — free quotes via ReallyMoving
4 bed semi-detached house
Next Steps
Sponsored — free quotes via ReallyMoving
Get a Survey
Essential before buying a property with potential — compare up to 5 quotes free
Our Summary
- There is also potential for future break-up and individual resale of the flats (STPP), offering further capital growth opportunities
Get alerted when similar properties are listed — Subscribe
Description
The property is a freehold investment property located at 98 Ripple Road in Barking, consisting of two self-contained flats. The ground floor flat is a two-bedroom unit currently rented for £1,550 per month, while the first floor flat is a one-bedroom unit rented for £1,200 per month. The property is fully let, producing a combined rental income of £33,000 per annum.
The property is located near Barking Station for easy access to central London and surrounding areas, with well-maintained condition and established tenancy in place.