3 bed flat for sale

Barking Road, London E13

Broadgate, Barking Road E13 9ES

As acting agents, Elliott Davis Properties are delighted to offer this fully tenanted investors dream. A spacious 3 bedroom flat. Located on the 6th floor of a purpose built block, the property benefits from communal access such as lifts, stairs and car parking. The property is located less than 10 mins walk to Upton Park Tube and Green Street = local bus routes are just a few minutes walk away.

The property comprises of: -

Lounge 12’5” x 9’1” + balcony
Double glazed window to front with double glazed door & window to side leading to the balcony, wooden flooring and central heating radiator

Kitchen/Diner 18;’8” x 7’7”
Spacious kitchen & dinning area comprising of white wall & base units, contrasting black work surfaces, electric cooker, extractor fan, washing machine, wall mounted boiler, breakfast bar area, double glazed window to front, a mix of wooden flooring & lino and central heating radiator

Bedroom 1 12’5” x 10’6”
Double glazed window to front, wooden flooring and central heating radiator

Bedroom 2 12’11” x 8’10”
Double glazed window to rear, wooden flooring and central heating radiator

Bedroom 3 8’10” x 7’2”
Double glazed window to front, wooden flooring and central heating radiator

Bathroom 8’7” x 7’10”
Three piece bath suite finished in white consisting of panelled bathtub, toilet and sink built into ‘back to wall’ vanity unit, towel radiator, double glazed window to side and lino floor covering

The property is current midway through a fixed term guaranteed rental agreement and currently produces a gross rental income of £20,400 per year which can be increased upon renewal of contracts.

The property also benefits from gas central heating, double glazed windows and parking space

Lease: 148 years remaining
Ground Rent: £60 per annum
Service Charges: £2000 per year (approx.)

Leasehold…£374,995