Property description
Guide Price £250,000 Plus.for sale under an auction contract.
2 bedroom Leasehold Apartment (991-year lease). Achieving £18,600 per year Income.
The property
This beautifully presented 2-bed 1-bathroom apartment.
The apartment is East facing, offering a bright and airy accommodation space throughout, and boasts an open-plan kitchen diner. and 2 Double bedrooms, (which includes a 3-piece bathroom suite). And an additional storage room.
Constructed just 8 years ago, and is located on the 4th floor.
Provides approximately 750 square feet (67 square metres) of gross internal area.
Spacious East-facing balcony.
TENURE: Leasehold. With 991 years unexpired.
Ground Rent: £300 per year.
EPC Rating: B.
Council Tax Band: C
Investment Value
The property is let on an Assured Shorthold tenancy, holding over from July 2023. Achieving a monthly rental income of £1,550 per month or £18,600 per year.
Position
The property is easily found by searching our what three words system and typing. star.wished.boat .
Amenities are readily available by virtue of the adjoining Sainsbury’s superstore.
The apartment is well situated, moments away from Abbey Wood Station (Zone 4). Being just a 600-yard walk.
Location
The Apartment stands just west of the A2041 “Harrow Manorway”. Directly adjacent to Overton Road.
Four miles from Woolwich
Nine miles from Canary Wharf
14 miles Southeast of Central London
Abbey Wood Station is served by Thameslink and Southeastern trains.
The Elizabeth line service. Provides a direct link to Central London,
The City of London airport is 11 miles. Providing links to Heathrow.
The Elizabeth line service continues to Maidenhead,,
Reading,
and Luton.
Buyer’s Premium:
Applies under the fall of the hammer. The purchaser shall pay 10% deposit, plus, in addition a buyer’s premium of 2% of the sale price, minimum of £5,000 + VAT upon exchange of contracts.
When registering to bid with us we will require 2 forms of ID (Passport, Driving Licence) to fit in line with the Anti Money Laundering Act.
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