Investment opportunity
Ex Council Property With Three Let Rooms Current Rental Income Is £2950 Per Calendar Month
To be sold with tenants in situ.
Ex council property with three rooms, kitchen, bathroom and a good size outdoor space, currently rented at:
Room A £900 per month
Room B £950 per month
Room C £1,100 per month
Totalling £2950 Per calendar Month
Totalling £35,400 Per Annum
Lease - 85 Years
These properties have had the same managing agent for over 10 years and would be keen to keep looking after them for the new buyer.
The current owner pays £75 a month for the cleaning twice a month and £75 each for gas and electric.
Accommodation
There rooms
Kitchen
Bathroom
Large outdoor space
Location
This property is that residential area of Stepney Green in the borough of Tower Hamlets. There are local shops and amenities. The Royal London Hospital, leisure facilities, green spaces are a short walk away. Whitechapel Tube Station (Elizabeth Line) is a 10 minute walk.
Tenure
Leasehold
Tenancy
Room A £900 per month
Room B £950 per month
Room C £1,100 per month