London - Below Market Value Opportunity 2 Bedroom Flat - Click For More Info
Surface size
m²
Bedrooms
2
Bathrooms
Swiss Cottage
26/08/2021
Details
Region:St Johns Wood
City:Swiss Cottage
Category:Property for Sale
Seller type: Agency
Property type: Flat
Number of bedrooms: 2
Date:26/08/2021
Description
If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting:
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If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940
13% Below Market Value
2 Bedroom Flat with 95-year lease remaining
Edgeworth House, Boundary Road, London, Greater London, NW8 0HR
Market Value = £500,000
Purchase Price = £435,000
Finders Fee = £6,000
Potential Gross Income = £20,800 per annum
For a limited time only, we have managed to secure a 2 Bedroom Flat in a fantastic location.
It has been used by the vendor as their family home for some time now.
The property will need some TLC to bring some much-needed life back into the flat.
The property is a Grade 2 listed building and located in between Swiss Cottage and Kilburn. The rental market is strong in these areas and the possibility to refinance the property re coup some of your investment makes this a viable investment opportunity.
The property currently has 95 years on the lease, should you wish to increase that you can.
Service charges are £1,400 per annum with £10 per annum ground rent which calculates £118 pcm.
The property consists of:
2 Bedrooms
1 Bathrooms
1 reception
Kitchen
2 Balconies
Shops on your doorstep
Grade 2 listed building
If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting:
Apple Devices : Search for Property Investor in iOS app store
Android Devices : Search for Property Investor in Googleplay app store
If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940
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