£345,000
Morris Court
- 0 beds
£345,000
- 0 beds
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Pure Investor brings to the market this 3-bedroom terraced property for sale in Waltham Abbey, London. The property would be sold with the current tenant in situ who has been in the property for the past 3 years. The property is currently being let out to the local council who secure tenants for the property and usually works on a 3-year contract with rent reviews included. The current 3-year contract is due to expire soon with the current landlord not looking to renew to leave options open to the new buyer.
INVESTMENT INFORMATION
- Asking price: £345,000 offers over
- Current rental income: £1,450pcm (£17,400 per annum)
- Gross yield: 5.0%
- Net Yield: 5.0%
- Tenure: Freehold
- Managing agent in place, however no fees due to the council placing a tenant in the property.
ADDITIONAL INFORMATION
- Three spacious double bedrooms
- Generous living space
- Beautiful garden space
- Prime location
- Excellent schools nearby
- Close to local amenities
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