For Sale, 1 Bed Flat 

Chadwin Road, London

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Features

  • One bedroom ground floor flat
  • Open plan kitchen/ living room
  • Previously let at £975 pcm (£11,700 per annum)
  • Previous gross yield of 5.65%
  • Approx. 42 Sq. M / 452 Sq. Ft (Taken from EPC)
  • Popular rental location
  • Several schools within a one-mile radius
  • Leasehold - 166 years remaining
  • Close to Custom House DLR (Excel Convention Centre & Elizabeth line Crossrail (2022)

Quick Details

1 Bedroom1 Reception1 Bathroom

Address

31 Chadwin RoadLondonE13 8ND
Details
Floorplans
EPC
Map
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Property Details

•Asking Price: £207,000+
•Previous income of £11,700 pa
•Leasehold - 166 years unexpired

The property is located on Chadwin Road, situated nearby local schools and Newham University Hospital. There are also a wide range of amenities within the surrounding area. The property benefits good road links being located less than five minutes from the A31. The property is also less than 30 minutes from London City Airport via public transport and approximately 15 minutes by vehicle.

The property is a purpose built one bedroom self-contained flat on the ground floor. The property comprises one bedroom, an open plan lounge/ kitchen, storage room and bathroom.

We have been advised that the property will require some refurbishment.

Accommodation

Approx. 42 Sq. M / 452 Sq. Ft
(Measurements taken from EPC)

Investment Analysis

The property was previously let at £975 pcm (£11,700 per annum), reflecting a current gross yield of 5.65%, based on the asking price. The tenant has now vacated the property.

Services

We understand the property has mains electricity, water, and drainage. However, interested parties should carry out their own investigations.

Tenure

Leasehold – approx. 166 years unexpired.

Asking Price

£207,000+

Floorplans

Energy Performance Certificates

Location Map

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