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3 bedroom flat for sale
Fanshawe Avenue, Barking
£400,000
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 residential area in Barking, London. The property consists of two blocks of flats, one studio and one two-bedroom apartment, currently tenanted and generating a steady stream of rental income. The flats feature spacious rooms with ample living space, convenient storage solutions, and modern amenities. The studio apartment has one bedroom, a separate kitchen, and a good-sized paved backyard, while the two-bedroom apartment has a lounge, kitchen, and bathroom. The property benefits from a prime location, just a short distance from Barking Town Centre, with its shops, restaurants, and cafes. The area is well-served by public transport, with Barking Station providing easy access to Central London. With an annual gross income of £30,000, this property is an ideal investment opportunity for those looking for a solid and rewarding stream of rental income.