Three ensuite rooms, investor-ready income near major transport links..
Three ensuite bedrooms ideal for HMO or shared lettings
Currently fully rented — immediate rental income potential
Freehold flat with double glazing in a modern brick building
Compact overall size (808 sq ft) — limited living space
Communal kitchen and basic finishes may need refurbishment
Area has high crime rates and local deprivation — consider risks
Heating details inconsistent (gas central vs electric heaters) — verify
Close to major transport links, hospitals and good schools
This ground-floor, three-bedroom flat in Cannon Hall, Farndale Court is configured for rental income: three ensuite bedrooms served from a communal kitchen and hallway, and currently rented to tenants. Its compact 808 sq ft footprint and en-suite layout suit HMO-style lets, professional sharers or student occupation, offering an investor-ready setup with immediate income potential.
The property is freehold and benefits from double glazing and a modern red-brick building in an established inner-city location with strong transport links to Woolwich Arsenal, DLR and the Elizabeth Line. Nearby amenities include Queen Elizabeth Hospital, Woolwich Common and several primary and secondary schools rated Good to Outstanding, which supports steady tenant demand.
Buyers should note clear drawbacks: the property sits in an area with high recorded crime and local deprivation, which can affect tenant quality and rental yields. Heating information is inconsistent in the listing (both gas central heating and electric room heaters are mentioned); prospective buyers should verify the current heating system and running costs. The overall size is described as small and communal living areas and basic finishes mean refurbishment could be required to raise rents or appeal to higher-quality tenants.
For experienced landlords this flat represents a practical, low-complexity addition to a portfolio with scope to increase value through targeted improvements or reconfiguration. For first-time investors, the existing tenant setup reduces initial void risk but buyers must factor in ongoing management, possible refurbishment costs and the implications of the local socio-economic profile.
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