Living room

1 bed Flat For Sale £500,000
Moscow Road, London


Description
This second floor, with lift access, bright apartment in the heart of Bayswater is being offered to the market for an investor to purchase chain free. Currently on a mid-term lease, with approximately 60 years remaining, this centrally located apartment is currently achieving a 4.68% yield with a tenant in situ until August 2025 making it a solid rental property. Having been kept in good repair by the tenant who moved in in 2016, this flat has seen a consistent return and thanks to the potential to add value through a lease extension, this is a good opportunity to purchase secure investment just down the road from Hyde Park.

Situated overlooking Queensway the flat is only a short walk to Hyde Park as well as to nearby Bayswater and Queensway Tube stations. Surrounded by a plethora of excellent local independent shops, cafes and restaurants to explore and enjoy on Westbourne Grove and along Queensway, there is also a large Waitrose and newly open M&S as well as other prestigious national chains on the doorstep. The new Whitely's Development nearby continues to draw new businesses to the area whilst building on the local community growing popularity. This centrally located apartment on the edge of the park provides a fantastic base from which to venture out and experience all the capital has to offer that continues to attract tenants and owners alike.

 

Follow the link for more information:
        
onthemarket.com

  
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