3-BED FLAT BMV FOR SALE – LONDON

Westferry, Canary Wharf, London, E14, United Kingdom
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Overview

Number ID 100020
Type Apartment/Flats
Size 69 sqm
No. of Beds 3
Bathrooms 1
Strategy Buy to Let (BTL)
Property Type Apartment/Flat
Condition Turnkey
Status Available
Occupancy Vacant
Location London

Description

We are pleased to offer an exciting BTL investment opportunity in Westferry, Canary Wharf E14. This 3-bed, 1-bath flat available for £422,000. A rental income is achievable at £2,550 pcm (£30,600 pa) considering market rent of £2,500-£2,800 pm, the property delivers a net cash flow of £827 p/m (£9,924 pa) after all fees, including service charges. The flat is in good condition and ready to be let immediately, with the potential for value enhancement through a light refurb. The estimated current market value of similar flats in the area is between £475,000-£500,000, offering an immediate opportunity for capital appreciation. Located in a prime position with excellent transport links to Central London.

Location

Westferry, Canary Wharf, London, E14, United Kingdom

Property ID

Number ID 100020

Property Cost Analysis

Annual Rent 30600
Cash Required 148100
Annual Cashflow 9924
End-Value 475000
ROI 7

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