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2 bed flat
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Price History
Our Summary
- Floor Two Bedroom Flat with Assured Shorthold Tenancy achieving £1650 PCM **OPEN HOUSE VIEWING BY APPOINTMENT ONLY** Welcome to our online auction for the sale of a well-maintained 8th floor two bedroom flat, generating an annual rental income of £19,800
- In the agent's opinion, there is scope for a material rent rise at the end of the fixed term and income of up to £20,000 per annum could be generated, for a strong yield of 12% at the guide
- Don't miss this excellent investment opportunity with a standout high yield
- Join our online auction and seize the chance to acquire this 8th floor two bedroom flat with vacant possession from 25th May
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Description
The property is an 8th floor two-bedroom flat in a purpose-built building with ten upper floors, located in the vibrant South East London area of Woolwich. The flat occupies 1650 square feet and features an open plan reception room and kitchen, two bedrooms, and two bathrooms. It boasts newly installed windows and balcony doors, a new fire-rated entrance door, upgraded electrical wiring, and a newly installed boiler.
The property also has allocated parking and a balcony with views. The accommodation is currently let on an Assured Shorthold Tenancy, generating an annual rental income of 19,800, with potential for a rent rise to 20,000 per annum at the end of the fixed term.