**Key Features:**
- 2-bedroom flat with balcony
- Currently occupied by long-term tenants
- Producing an annual gross income of £20,400; potential to increase to £24,000
- Prime rental location in London (E3 4BX)
- Close proximity to local amenities, schools, and transport links
- Modern galley kitchen and lounge area
- Well-maintained interior
Explore this promising buy-to-let opportunity, ideally suited for serious investors and developers. This well-kept 2-bedroom flat features a cozy balcony and is currently generating £20,400 per year, with opportunities for growth to a market rate of £24,000. The existing tenants, who have resided in the property for several years with a reliable payment history, have expressed a desire to stay, ensuring immediate rental income post-purchase.
Situated in a vibrant area of London, the flat is easily accessible to a variety of local amenities, schools with good Ofsted ratings, and public transport options, enhancing its appeal to potential renters. While the building showcases modern architecture and offers a contemporary living space, it’s important to note that the property is leasehold and situated in a deprived area, which may impact long-term value appreciation.
Capitalize on this opportunity to secure a high-demand rental property in a cosmopolitan inner-city setting. Act fast—this kind of investment potential does not last long!
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