**Standout Features:**
- Tenanted investment generating £7,560 annual income (£630/month)
- Two spacious bedrooms and a contemporary living room
- Newly installed gas boiler (2025)
- Great natural light with large double-glazed windows
- Intercom system for secure access
- Ground rent/service charge: £220/month
- Leasehold with 133 years remaining
**Potential Concerns:**
- Requires some modernization
- High local crime rate
- Located in a deprived area
This well-positioned first-floor apartment in the L20 postcode offers an excellent opportunity for both investors and first-time buyers seeking an affordable entry into the property market. With a reliable tenant in place and the potential for rental income, this property presents a hassle-free management option.
Highlighting its Victorian charm, the apartment features high ceilings and characterful details, while the spacious living area and open-plan kitchen provide a comfortable living space bathed in natural light. Of note is the newly installed boiler and the intercom system, ensuring both modern efficiency and security.
Although the property would benefit from some modernization and is situated in an area with a high crime rate, the affordable price point and strong rental demand suggest potential upside for savvy buyers.
With local amenities, excellent transport links to the city, and highly-rated schools nearby, this apartment is set in a community that is ripe for growth. Don’t miss out on this promising investment opportunity—schedule your viewing today!
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