2 bed flat for sale

Income generating probate property, sold at below market value price.

Original landlord passed away and beneficiary (wife) became accidental landlord looking to sell this ready-made investment.

This 2 bedroom ground floor apartment is let on an AST generating £20,400 per annum (over 7% net yield).

Annual service charge and ground rent £1993 pa.
New combi boiler system fitted in 2023 to elevate EPC grade to C, and sold furnished including a new cooker.

Located a short walk from Mile End Tube.
Station, minutes' walk from the flat to buses for direct links into Canary Wharf and Central London.
Short walk to all the local amenities.
Plenty of good restaurants on Burdett Road and Mile End Road. This is a great location!
Property is fully managed by a reputable managing agent.

Property has EWS1 Certificate.
Similar properties in the area have sold for in excess of £300K.
89 years lease remaining.