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Our Summary
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
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Description
This studio flat in Greater London offers a fantastic investment opportunity for those looking to expand their portfolio. Currently producing an annual gross income of £14,400, the property has the potential to increase its rental returns to a market rate of £16,800 with long-term tenants already in place. The tenants, who have lived in the property for several years, have a consistent payment history and do not intend to move out, providing a stable and reliable income stream for the new owner.
With a purchase price that offers a worthwhile addition to an investor's portfolio, this property is an attractive option for those looking to diversify their investments.