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4 bedroom terraced house for sale
Hanbury Walk, Bexley, Greater London, DA5
£395,000
Hanbury Walk, Bexley, Greater London, DA5
£395,000
Our Summary
- Key Features 4-Bedroom Mid-Terrace Home 2 Bathrooms (including ground floor shower room) Freehold Property Front & Rear Gardens On-Street Parking Extended in 1997 to Add Bedroom & Ground Floor Shower Room Currently Tenanted - £2,100 PCM Rental Income Strong Yield and Long-Term Growth Potential Property Overview This spacious four-bedroom mid-terrace home offers an excellent investment opportunity in the highly desirable Bexley area
- Tenancy Details Current Tenants: Moved in on 6th August 2024 Status: Periodic tenancy agreement Rental Income: £2,100 per calendar month (£25,200 per annum) Management: Self-managed This reliable rental income makes the property a turnkey investment opportunity for landlords
Description
This four-bedroom mid-terrace home in Bexley offers a strong investment opportunity with a current rental income of £2,100 per month. The property has been extended to include an additional bedroom and ground floor shower room, enhancing its rental appeal and capital value. The home features front and rear gardens, providing outdoor space, and on-street parking adds convenience. The property is freehold, giving buyers complete ownership and control over their investment. The current tenants are in a periodic tenancy agreement and the property is self-managed, making it a turnkey investment opportunity. With a gross yield of 6.38%, significantly above the average yields in Greater London and the South East, this property presents a reliable and lucrative investment opportunity for landlords.