Fanshawe Avenue, Barking 3 bed flat for sale

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Fanshawe Avenue, Barking 3 bed flat for sale

Fanshawe Avenue, Barking
£425,000

Our Summary

  • Investment Highlights:Annual Gross Income : The properties collectively bring in £30,000 per year, showcasing their potential for generating substantial rental earnings

Description

Located on Fanshawe Avenue in Barking, this property consists of two blocks of residential flats, including a studio and a two-bedroom apartment, currently tenanted and generating a steady stream of rental income. The flats feature generously proportioned rooms with ample living space, well-equipped kitchens, and well-maintained bathrooms. With an annual gross income of £30,000, these properties are ideal for investors seeking a solid opportunity. The location offers a prime blend of tranquility and urban convenience, with Barking Town Centre nearby and excellent public transport links, including Barking Station, which provides easy access to Central London. The property is a freehold and features a spacious studio apartment with a separate kitchen and paved backyard, as well as a first-floor apartment with two bedrooms, lounge, kitchen, and bathroom.