Decent One bedroom flat with Balcony Close to Langdon park near Canary wharf,5.4% return

Placed: 03/12/17
Region: London
Location: London
Category: Real Estate


Content of the advertisement:

Property type: Flat, Number of bedrooms: 1

Purpose built (non converted) 1 bed flat - separate kitchen
Located within the development area of Chrisp Street Market, a purpose built (not converted) 1 bedroom property is on offer for property investors and people looking to grab an opportune investment for their future. This area has plans in place by Poplar harca and Telford Homes that will boast buzzing upmarket shops, restaurants, cinemas, open market area, recreational facilities and other local amenities that will enhance the property's value in the years to come. Being located conveniently next to Canary Wharf will provide travel convenience to those invested in working in London's financial district.

An nhs doctor surgery (Chrisp Street Health Centre) and Chrisp Street Market are minutes away from the property. For families, there is a good selection of primary and secondary schools in the area, with an excellent and free creative youth club named Spotlight designed to inspired young people.

This property currently receives a rental income of £1300 per calendar month, offering an above average rental yield of 5.4%. As the development in the area reaches completion, and is at its peak, increase in the rental income follows. This can allow for this property to achieve a rental income of £1500 per calendar month.

Price / Salary: £285,000.00