Guide price
£295,000
(£473/sq. ft)
2 bed flat for saleHigh Street, Rowan Court E13
2 beds
1 bath
1 reception
624 sq. ft
EPC Rating: C
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About this property
1st Floor
2 Bedrooms
Let at £1,750 pcm (£21,000 a year)
Bathroom with full-size bath
Two built-in hallway storage cupboards
The lease has been extended to approximately 150 years, with a peppercorn ground rent
No ground rent; service charge £2,385 a year
Vacant possession may be possible, subject to agreement
100 Key Properties is pleased to offer this well-located two-bedroom flat in Rowan Court, Plaistow, E13. It is an attractive opportunity for both investors and buyers looking for a home of their own.
The flat opens onto a central hallway with two built-in storage cupboards. The reception room is a good-sized 16'7 x 16'5, with windows on two sides and the kitchen set off it. The master bedroom measures 12'0 x 11'0 and the second bedroom 11'0 x 7'0. The bathroom has a full-size bath.
The flat is currently tenanted, with a rental income of £1,750 per calendar month (£21,000 a year), which makes it an appealing investment. At the asking price this is a gross yield of around 7.1%.
For buyers who want to live in the property themselves, vacant possession may be possible, subject to agreement with the existing tenants and the applicable legal requirements.
The flat is leasehold with approximately 150 years remaining and no ground rent. The service charge is £2,385 a year.
Plaistow is a well-connected part of East London, with easy links into the City, Canary Wharf and Stratford.
Key features:
Two-bedroom flat
16'7 x 16'5 reception room with kitchen
12'0 x 11'0 master bedroom
Bathroom with full-size bath
Two built-in hallway storage cupboards
Currently tenanted at £1,750 pcm, approx. 7.1% gross yield
Vacant possession may be possible, subject to agreement
The lease has been extended to approximately 150 years, with a peppercorn ground rent.
No ground rent; service charge £2,385 a year
Plaistow, E13
To arrange a viewing, call 100 Key Properties on .
EPC Rating: C
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More information
Tenure
Leasehold (150 years)
Service charge
£2,385 per year
Council tax band
B
Ground rent
£0
Ground rent date of next review