2 bedroom apartment for sale

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2 bedroom apartment for sale

Iona Walk, Rowhedge
£180,000

Our Summary

  • Additional Notes:The property is in generally good condition, though would benefit from a cosmetic refresh to maximize rental value or future resale

Description

This property is a lucrative investment opportunity, currently let at £950 per calendar month, with a consistent rental history spanning over 10 years. The property boasts a remaining lease of approximately 100 years, with a ground rent of £125 per annum (to be confirmed). The accommodation features a spacious entrance hall, modern bathroom, two double bedrooms, and an open-plan lounge and kitchen area. The property also benefits from a private garden to the rear and an allocated off-road parking space at the front. While the property is in generally good condition, it would benefit from a cosmetic refresh to maximize rental value or future resale. With its high yield potential and long remaining lease, this property presents an attractive investment opportunity for those looking to generate a steady income.