This one-bedroom apartment is being sold with tenants in situ, currently generating a rental income of £30,000 per annum. The property is situated in a fantastic location and is being offered for sale at a low asking price of £192,500 due to the need for a lease extension, which can be negotiated with Hackney council. The current tenants are paying £2,500 per month, resulting in a gross yield of 15.0%. The service charges and ground rent are relatively low, and the management fees are currently set at 15.4%. The net yield is 11.7%, making this a attractive investment opportunity for cash buyers.