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1 bedroom flat for sale
Albion Road, London, N16
£400,000
Albion Road, London, N16
£400,000
Our Summary
- We're delighted to present an excellent investment opportunity in one of North London's most desirable neighbourhoods - 12 Arnold House, Albion Road, London N16 0TU
Description
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Here is a summarized version of the property description in a single paragraph:
This one-bedroom flat, located in the desirable neighborhood of Stoke Newington, North London, is a fantastic investment opportunity. The property, which measures approximately 450 sq ft, boasts a modern kitchen and bathroom, both refurbished in 2015, as well as new flooring and plastering in 2016. In excellent condition, the flat is currently tenanted until July 2026 with no arrears, generating a rental income of £2,140 per month, resulting in a net yield of 6.0%. The property is leasehold with 88 years remaining and a combined ground rent and service charge of £134 per month, with no anticipated increases. With an asking price of £400,000, this turnkey investment is a great opportunity for investors looking to capitalize on the strong, consistent rental demand in the area.