1 Bedrooms Flat for sale in Cutmore, The Ropeworks, Arboretum Place, Barking IG117Gs IG11 | £ 235,000
Overview
| Price: | £ 235,000 |
|---|---|
| Contract type: | For Sale |
| Type: | Flat |
| County: | Essex |
| Town: | Barking |
| Postcode: | IG11 |
| Address: | Cutmore, The Ropeworks, Arboretum Place, Barking IG117Gs IG11 |
| Bathrooms: | 1 |
| Bedrooms: | 1 |
Property Description
This beautiful and spacious one bedroom apartment compromises of entrance hallway with hard wooden flooring; comes with balcony and concierge service.
As well as being in the sought after area of Barking town centre, it is just a short distance to the centre of London! Giving great opportunity for capital appreciation as well as a fantastic yield of over 4.5% net.
This Property is Located within 2 minutes walk to Barking Station which provides easy access to key areas around London giving access to a wide range of shops, restaurants, banks and other local amenities.
Financial Breakdown
Gross rent: £12,600
Ground rent: £200
Service charge: £1,500
Lettings fees: £200
Net income: £10,700
Gross yield: 5.36%
Net yield: 4.55%
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-12998
Property Location
Property Marketed by Yieldit
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