>
Newham, E13 2 bed flat for sale
Newham, E13
£225,000
Newham, E13
£225,000
Our Summary
- leasehold 37 years (can be extendable to 125 years lease)Excellent investment opportunityConvenient location with public transport links to Stratford
- Nearby schools and amenitiesPlanning permission for Third bedroomEPC rating D
- Council Tax Band BCurrent rental income £1350pcmLocal Authority:NewhamLocal authority reference number:[use Contact Agent Button]0BCouncil Tax band: BImprovement indicator: NoPlanning Permission for Third Bedroom
- Although this flat is in need of a cosmetic upgrade, it possesses great potential to become a stylish and comfortable living space
- With the planning permission for third bedroom more space can be added with your own personal touch on this property and transform it into a home that suits your taste and lifestyle
Description
This leasehold flat is a fantastic investment opportunity located in a sought-after area with convenient access to public transport links, nearby schools, and local amenities. With a planning permission for a third bedroom, the property offers great potential to create a spacious and stylish living space. The flat needs a cosmetic upgrade, but it has a respectable Energy Performance Certificate (EPC) rating of D and a council tax band of B, making it an affordable option. The current rental income is £1350 per month, and the ground rent is £200 per annum with a zero service charge. With the possibility to extend the lease to 125 years, this property is ideal for both investors and first-time buyers looking to create their dream home.