3 bedroom flat for sale

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3 bedroom flat for sale

10 Clark Street, London, E1 2HD
£310,000

Our Summary

  • Investment opportunityEx Council Property With Three Let Rooms Current Rental Income Is £2950 Per Calendar MonthTo be sold with tenants in situ

Description

This investment opportunity is an ex-council property with three rooms, a kitchen, bathroom, and a large outdoor space, currently rented out to tenants for a total of £2,950 per month, generating £35,400 per annum. The property is leasehold for 85 years and has been managed by the same agent for over 10 years, who would be keen to continue looking after the property for the new buyer. The current owner pays £150 per month for cleaning and utilities. The property is located in a residential area of Stepney Green, close to local amenities, the Royal London Hospital, and Whitechapel Tube Station, making it an attractive investment opportunity for those looking for a stable and lucrative rental income.
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