£250,000
1 bed flat for saleElmore Close, Wembley HA0
1 bed
1 bath
1 reception
Reduced on
About this property
An excellent opportunity to purchase this one-bedroom flat situated in a residential location in Wembley. The property is currently let, generating a rental income of £1,500 per calendar month (£18,000 per annum), making it an attractive investment for landlords seeking immediate rental income.
Alternatively, the property can be offered with vacant possession upon request, making it equally suitable for first-time buyers or owner-occupiers.
The property benefits from a share of freehold, approximately 900 years remaining on the lease and a low service charge of just £85 per month.
Key Features
One-bedroom flat
Popular residential location in Wembley
Currently rented at £1,500 pcm
Annual rental income of £18,000
Share of freehold
Approximately 900 years remaining on lease
Low service charge of £85 pcm (£1,020 annually)
Ideal buy-to-let investment
Vacant possession available upon request
Suitable for investors and first-time buyers
Investment Opportunity
With an existing tenant in place, the property offers an immediate income-generating opportunity. The long lease, share of freehold and relatively low service charge make this an appealing proposition for long-term investors.
Viewings are highly recommended. Contact us today for further information or to arrange an appointment.
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Tenure
Share of freehold
Service charge
Council tax band
Commonhold details
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