Summary - Flat 11 Ashvale Court, 2, Matilda Gardens, LONDON E3 2GS
27 bed 1 bath Commercial Property
**Standout Features:**
- Freehold investment comprising 27 residential ground rents.
- Secure rental income of £7,200 per annum from a block of 39 purpose-built flats, held on a long lease (130 years remaining).
- Located in Bow, Tower Hamlets, with excellent transport links and amenities.
- Auction date: 26/02/2025 at 1:00 PM.
**Property Summary:**
Discover a prime investment opportunity in the heart of Bow, Tower Hamlets. This freehold property comprises 27 residential ground rents from 39 purpose-built flats, providing a steady income stream of £7,200 per year. With 118 years remaining on the lease, the potential for value appreciation is significant. The block features a contemporary design, built in 2004, and is part of a vibrant, predominantly residential area that supports a thriving community.
Situated just 0.4 miles from Bow Road Underground Station and within 5 miles of Central London, this location offers excellent connectivity to the city via the A12 and A11. Enjoy a wealth of local amenities, including shops, schools, parks, and public transport, enhancing the attractiveness of this property.
While there are no significant maintenance concerns indicated and the crime rate in the area is low, interested buyers should consult legal documentation for more detailed information. With an attractive price point of £75,000 and an auction set for early 2025, this investment is poised for quick interest—don’t miss out on securing a valuable addition to your portfolio!
Commercial property for sale in Ground Rents at Ashvale Court, 2 Matilda Gardens, London, Tower Hamlets, E3 2GS, E3 — £75,000 • 27 bed • 1 bath
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Commercial property for sale in Ground Rents at Garway Court, 1 Matilda Gardens, London, Tower Hamlets, E3 2GR, E3 — £75,000 • 26 bed • 1 bath
Commercial property for sale in Ground Rents at Ashvale Court, 2 Matilda Gardens, London, Tower Hamlets, E3 2GS, E3 — £51,000 • 27 bed • 1 bath
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