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1 bedroom apartment for sale
Hermitage Close, Abbey Wood, SE4
£260,000
Hermitage Close, Abbey Wood, SE4
£260,000
Our Summary
- If that isn’t enough this is a property with lots of scope, only a one bed at the moment but the living room offers plenty of room for adding a second bedroom which is how the current tenant has set the property set up enabling any buyer to add value
Description
This property is a one-bedroom apartment located in a private gated development next to Abbey Wood station on the Elizabeth line, making it an ideal investment opportunity with tenants already in situ, generating £17,400 per annum in rental income. The property has a generous size, with a large double bedroom, family bathroom, and a spacious living room that could be converted into a second bedroom, offering scope for adding value. The apartment also features a balcony running the full width of the living room and benefits from being within walking distance to local shops, supermarkets, and bus routes, with Canary Wharf, Liverpool Street, and Tottenham Court Road stations just a short commute away. With 134 years remaining on the lease, a reasonable council tax band, and a low service charge, this property presents a great opportunity for a first-time buyer or buy-to-let investor.