+7 more
BTL in London
About this property
Exclusive two-bedroom penthouse in a secure gated development, just moments from Abbey Wood Elizabeth Line station.
65 sq m of accommodation, an L-shaped balcony and the privacy of being the only apartment on the floor, this chain-free property benefits from strong tenant demand and long-term capital growth potential driven by ongoing regeneration and excellent transport links.
Investment highlights:
* Purchase Price: £260,000
* Estimated Rent: £1,850 pcm
* ROCE: 15%
* Gross Yield: 7%
* Annual profit: £6,996
* 2 Double Bedrooms
* Top-floor penthouse – only flat on the floor
* Secure gated development
* Large private L-shaped balcony
* Walking distance to Abbey Wood Elizabeth Line
* Strong rental demand and future capital appreciation potential
Get in touch for more information.
Investment calculators
Estimate only, using UK additional-property SDLT rates. Confirm the exact figure with a solicitor or accountant before exchanging.
Ltd company (SPV) purchases pay the same additional-property SDLT rates, but mortgage interest is fully deductible against rental profits.
Need finance? Sourced Financial Services can find the right mortgage for this deal and secure same-day decisions in principle.
Speak to a broker