Moreland is pleased to offer this excellent investment property in the heart of Edgware. The property comprises one double bedroom, one bathroom, an open plan modern kitchen and access to the balcony. The property is situated a stone throw away from Edgware underground station ( Nothern Line) shopping centres, gyms, a wide range of restaurants and good schools.
The property is currently let to an outstanding tenant for the last 7 years and they are paying a current rental of £1,250 pcm (£15,000PA).
Ground rent £300PA & Service Charges £1,800PA, lease remaining 111years
Based on the current rental the investment will provide an excellent return (yield) of around 4.6% and the property is sold with the tenants.
Living Room/Kitchen
Bedroom
Terrace