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4 bedroom flat for sale
Flat 23 James Brine House, Ravenscroft Street, London, E2 7QQ
£420,000
Flat 23 James Brine House, Ravenscroft Street, London, E2 7QQ
£420,000
Our Summary
- Investment opportunityEx Council Property Split Into Four Rooms Currently Rented At £4,150 Per Calendar MonthTo be sold with tenants in situ
Description
This is an investment opportunity to purchase an ex-council property with four rooms, kitchen, and bathroom, currently rented out for a total of £4,150 per month, equivalent to £49,800 per annum. The property is leasehold with 89 years remaining on the lease and is currently managed by the same agent for over 10 years, who would be willing to continue looking after the property for the new buyer. The current owner pays £150 per month for cleaning and utilities, and the property is located in a residential area with a park nearby and a high street with shops and amenities just a short walk away. The closest train station is Hoxton, a 7-minute walk or drive away.