Residential · Flat · Leasehold

A First Floor Two Bedroom Flat Subject to a Periodic Tenancy Producing £22,200 Per Annum. Reflecting a 17% Yield on Guide.

Flat 104 The Vista Building, 30 Calderwood Street, Woolwich, London, SE18 6JF

Property type
Flat
Bedrooms
2
Bathrooms
1
Receptions
1
Tenure
Leasehold
EPC
C

A first floor two bedroom leasehold flat within a purpose-built block in Woolwich, South East London, subject to a periodic tenancy producing £22,200 per annum (17% yield on guide). Comprises open plan reception/kitchen, two bedrooms with one en-suite, and bathroom.

Investment property Tenanted Leasehold 127 years unexpired En-suite bedroom DLR access

Accommodation

  • Open Plan Reception/Kitchen
  • Bedroom 1 (with En-Suite)
  • Bedroom 2
  • Bathroom

Full description

A first floor two bedroom flat situated within a purpose built block arranged over ground and ten upper floors. The property is held on a leasehold basis with a 150 year lease from 1st January 2004, leaving approximately 127 years unexpired. The property is situated in the South East London area of Woolwich close to local shops and amenities. The open spaces of Barrack Field are also within close proximity. Transport links are provided by Woolwich DLR, Woolwich Arsenal rail station and 0.6 miles from upcoming Crossrail station. The accommodation comprises an open plan reception/kitchen, two bedrooms (one with en-suite), and a bathroom. The property is subject to a periodic tenancy at a rent of £1,850 per calendar month, producing £22,200 per annum. EPC rating: C

Financial Tools

Your estimated monthly payment
£521.09/mo
Deposit £31,250 (25%) Loan £93,750 Interest £62,578
Total cost £156,328 Total interest £62,578
Property price£125,000
Deposit25%
£31,250
Interest rate4.5%
Term25 yrs

For illustration only. SDLT applies to England & Northern Ireland; rates and reliefs change. Seek independent financial advice before making decisions.

Location

Flat 104 The Vista Building, 30 Calderwood Street, Woolwich, London, SE18 6JF
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