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1 bed Flat property

Available

For Sale

Listed Apr 30, 2024

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£250,000

Available

Mouseprice is the only UK property site with a Value Guide. We have compared the asking price to our own Mouseprice valuation to help you make an informed decision when buying or renting your next property.

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The Mouseprice Value Guide tells you how the asking price of a property compares to the market price of other properties with similar attributes including property type, location and floor area. Note that some aspects of a property are not considered by the Value Guide such as the condition and home improvements so it is important you do your own research.

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By Xchange Sales and Lettings

Description

" Xchange are delighted to present the perfect opportunity to step onto the property ladder with a range of purpose built 1 bedroom flats nestled in Eastern Avenue, Ghantshill. With up to 5 flats available, these properties offer high yields from £1100 £1500 pcm, making them ideal for not just first time buyers eager to invest in their future, but also investors who want to expand and add value to their portifolio.

Already tenanted, these flats provide immediate returns, with further potential for development and investment. Enjoy the security of a 170 year lease, with the possibility of obtaining freehold, including a commercial shop, through the freehold reform act, though not guaranteed.

Benefit from zero ground rent and flexible service charges, ensuring your investment remains profitable.

Ghantshill area has become very popular, being one of the hubs of redbridge. All local shops suit the need of tenants and the station is an added benefit. "