Lease term remaining: 108 Years.
Service charge: £972 per annum.
Ground rent: £10 per annum.
Royal Borough of Greenwich - Band B.
Abbey Wood Station - 0.7 Miles - For further information on Crossrail please visit -
We believe this property could achieve somewhere between £875pcm - £900pcm providing an approximate yield of 4.6% - 4.8%.
The current owners have been quoted approximately £10,000 to convert the property into a two bedroom apartment with open plan, modern, living/kitchen/dining area. Doing this could then provide an approximate rent achieved at £1,100pcm with an approximate gross yield of 5.73%. For further information on how this can be achieved, please do get in touch.
Please Note: All measurements are approximate and are taken at the widest points. They should not be used for the purchase of furnishings or floor coverings. Please also note that The Property Cloud have not seen any paperwork relating to any building works that may have been carried out within this property, nor have we tried or tested any appliances or services. These particulars do not form part of any contract, floor plans & photographs, whether enhanced or not, are for general guidance only. We would strongly recommend that the information which we provide about the property, including distances, is verified by yourselves upon inspection and also by your solicitor before legal commitment to the purchase.