Fanshawe Avenue, Barking 3 bed flat for sale

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Fanshawe Avenue, Barking 3 bed flat for sale

Fanshawe Avenue, Barking
£400,000

Our Summary

  • Investment Highlights:Annual Gross Income : The properties collectively bring in £30,000 per year, showcasing their potential for generating substantial rental earnings

Description

Welcome to Fanshawe Avenue, a desirable location in Barking, London, featuring two blocks of residential flats, one studio and one two-bedroom apartment. Currently tenanted, these properties provide a steady stream of rental income, ideal for investors seeking a solid opportunity. The flats boast generously proportioned rooms, convenient storage solutions, and modern amenities, including a cosy lounge, well-equipped kitchen, and well-maintained bathrooms. With an annual gross income of £30,000, these properties are attractive to renters, ensuring low vacancy rates and minimizing turnover costs. The location is prime, with easy access to Barking Town Centre, public transport links, and major road networks, making it an excellent choice for those seeking a balance between tranquility and urban convenience.