Studio for sale

Flat 1, Sharwood, Penton Rise, London WC1X

Property number 53480. Enquire through Zoopla's messaging system and we'll respond within 5 minutes, 24/7

Located close to major transport hubs as well as various campuses this property offers city living or investment potential.

A bright and spacious ex-local authority studio flat available to cash buyers.

Currently achieving £23,400 per annum with a service charge of £2,850 giving a net yield of around 8%

Lease expires - 03/2115

In good decorative condition, ready to let or move in from beginning of September.

Recently refitted to a high standard the studio offers a separate kitchen and bathroom with an open plan bedroom and living area totalling around 28 m2.

The south facing rear double glazed door opens out to a small sunny patio area of approx 2.5m square, from which steps lead down on to a larger shared terrace, incorporating three small allotment garden plots and accessed by only two other studios, as well as allotment holders.

The freshly installed kitchen comprises a gas hob, electric oven, built in fridge freezer as well as a washing machine.

The bathroom is newly tiled throughout, floor and walls and includes a full length bath, shower and towel rail.

Central heating and hot water is provided by a modern and efficient gas boiler which is not only cheap to run but also comes with a wifi enabled thermostat to allow control via an app while away from home.

The semi private outdoor area alongside the flat gets plenty of sun and is ideal for a table and chairs or garden bench, as well as container planting etc.

The Sharwood building is part of the Weston Rise Estate, a well known and maintained late 60's brutalist project that also benefits from a concierge service.