This one/two-bedroom apartment is being sold with tenants in situ, generating a current rental income of £30,000 per annum. The property is currently tenanted by three separate tenants and has a managing agent in place. With 91 years remaining on the lease, extensions would be available via Hackney council. Due to the lease extension and cash buyers only, the asking price is set at £192,500. The property is located in a fantastic area and offers a gross yield of 15.0%, with service charges and ground rent per annum. The net yield is 11.7%. This is a unique investment opportunity for cash buyers looking to generate a steady income.