2 Bedrooms Flat for sale in Woolwich Road, Greenwich, London SE10 | £ 430,000

Property Description

This fantastic flat is offered fully furnished and comprises of a bright and spacious living and dining area; a fitted kitchen with appliances included; 2 large double bedrooms; and a bathroom complete with 3-piece suite and a shower over the bath. This property has a neutral decor throughout and benefits from permit parking and a balcony.

This property is in the perfect location just outside of the centre of London in the popular area of Greenwich. Greenwich has many famous attractions including the Royal Observatory and Planetarium, Greenwich Park, the Cutty Sark and the O2 Arena. There is also an abundance of high street and independent shops, bars and restaurants all within walking distance of this property. Greenwich benefits from excellent transport links with the Westcombe Park train station just a 7 minute walk away, enabling tenants to access the centre of London within 30 minutes, meaning that this property would be perfect for letting to commuters.

Greenwich is a great place to invest right now as there are a lot of regeneration plans for the area. Plans such as the Thames Gateway development, which is the largest regeneration project in Europe, and the Crossrail project, are creating more jobs and training opportunities for the area, meaning that rental properties such as this is in high demand. House prices in Greenwich are currently 7.1% lower than the London average but have increased by 17.63% in the last 5 years and are likely to keep increasing so enquire today to avoid disappointment!

Financial Breakdown

Gross rent: £16,200
Ground rent: £70
Service charge: £0
Lettings fees: £0
Net income: £16,130
Gross yield: 3.77%
Net yield: 3.75%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-13627

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