Lowthian Terrace, Columbia, Washington 4 bed flat for sale

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Lowthian Terrace, Columbia, Washington 4 bed flat for sale

Lowthian Terrace, Columbia, Washington
£140,000

Price History

Initial price £150,000
07/01/25 £140,000
Price Change -6.67%

Description

Riverside Residential presents a fantastic investment opportunity in Columbia, consisting of two two-bedroom apartments on a Peppercorn Lease, located on Lowthian Terrace. Both properties are in great condition and boast modern bathrooms and kitchens, with no internal work needed. The apartments are currently long-term tenanted, generating an immediate income, with the ground floor tenant paying £520 per month and the first floor tenant paying £500 per month. The Peppercorn Lease means that the buyer will not be responsible for costly maintenance fees, unlike with other apartments. Additionally, the properties fall within Council Tax Band A, and the tenure is freehold. This is an excellent chance to invest in a solid rental income stream with minimal upkeep responsibilities.