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Leasehold

£360,000

(£515/sq. ft)

3 bed flat for sale

Cottage Street, London E14
3 beds
1 bath
1 reception
699 sq. ft
Email agent

£360,000

(£515/sq. ft)

3 bed flat for sale
Cottage Street, London E14

    • 3 beds

    • 1 bath

    • 1 reception

    • 699 sq. ft

  • EPC Rating: C

Leasehold

About this property

  • Lift access

Nestled in the vibrant heart of London on Cottage Street, this purpose-built flat presents an exceptional investment opportunity. Spanning an impressive 699 square feet, the property boasts three well-proportioned bedrooms, making it ideal for those seeking a comfortable living space or a lucrative rental option.

Constructed in 1965, this flat has been thoughtfully converted to a House in Multiple Occupation (HMO), allowing for maximised rental potential. The layout includes a spacious reception room, perfect for relaxation or entertaining guests, alongside a practical bathroom featuring a shower and a separate toilet.

Currently tenanted, this property offers the unique advantage of being sold with existing tenancies, ensuring immediate income for the new owner. With a gross yield of 8.46%, this flat stands out as a promising addition to any property portfolio, appealing to both seasoned investors and first-time buyers alike.

Cottage Street is well-connected, providing easy access to local amenities and transport links, making it a desirable location for tenants. This flat not only offers a comfortable living environment but also represents a sound financial investment in one of the UK's most dynamic cities. Don’t miss the chance to acquire this remarkable property that combines practicality with potential.

Bedroom 1 (10.2 (33'5"))

Bedroom 2 (9.64 (31'7"))

Bedroom 3 (9.8 (32'1"))

Living (7.38 (24'2"))

Kitchen (6.35 (20'9"))

Bathroom (1.64 (5'4"))

More information

  • Tenure

    Leasehold (89 years)

  • Service charge

    £2,028 per year

  • Council tax band

    B

  • Ground rent

    £10

  • Ground rent date of next review

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