1 bedroom apartment for sale

>

1 bedroom apartment for sale

Bath House, 5 Arboretum Place, Barking Central, Barking, IG11
£200,000

Price History

Initial price £229,000
15/02/24 £224,000
03/05/24 £219,000
11/07/24 £200,000
Price Change -12.66%

Description

This modern and spacious one-bedroom apartment is situated on the 8th floor of the popular Bath House development, offering a large open-plan living area with a fully equipped kitchen and a private balcony with stunning views. The property is conveniently located just a short walk from local amenities and Barking Station, providing excellent transport links. The apartment is currently tenanted until April 2025, generating a rental income of £1500 per month, which provides a gross rental yield of 9%. The property also benefits from concierge services and residents will pay a service charge of approximately £3054 per annum, as well as a ground rent of £200 per annum. The lease has 133 years remaining and the property falls within Council Tax Band C, with an annual bill of £1682.