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4 bedroom flat for sale
Flat 11 Marsworth House, Whiston Road, London, E2 8RU
£300,000
Flat 11 Marsworth House, Whiston Road, London, E2 8RU
£300,000
Price History
Initial price | £360,000 |
31/10/24 | £325,000 |
13/11/24 | £300,000 |
Price Change | -16.67% |
Description
This is an investment opportunity to purchase an ex-council property with four rooms, kitchen, and bathroom, currently rented out for a total of £3,680 per calendar month, equivalent to £44,160 per annum. The property has a remaining lease of 92 years and is located in the Shoreditch area, close to Haggerston Park and Broadway Market. The tenants have been with the same managing agent for over 10 years and would be keen to continue looking after the property for the new buyer. The current owner pays a monthly fee for cleaning and gas/electric bills. This is a great opportunity for an investor to purchase a property with a stable and long-term tenant base.