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1 bed flat
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Price History
Our Summary
- Exceptional Investment Opportunity: Spacious One-Bedroom Apartment in X1 The Tower , L8
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Description
This exceptional investment opportunity presents a spacious, ground-floor, one-bedroom apartment in the sought-after X1 The Tower, located in the vibrant Baltic Triangle. The property is currently tenanted, generating an immediate income, and is ideal for discerning investors. With a prime location, excellent travel links, and high rental demand, this property is a great investment opportunity.
The apartment is situated in a prestigious development with a 999-year lease, and the ground rent is £513 per annum, reviewed every five years in line with RPI. The service charge is £2,719.14 per annum, and the management fee is 9% + VAT. The current rent achieved is £875 per month, making it an attractive investment opportunity.
With future developments planned for the area, including a new public park, railway station, and enhanced connectivity, this property is expected to increase in value over time.