2-Double Bed BTL - London
About this property
2-Double Bed Ground Floor Flat with Private Rear Garden, with 60 sqm floor plan. Ideally positioned in a convenient residential location just 0.5 miles from Abbey Wood Station with great transport links into London.
The property is in need of minimal to no renovation, and it benefits from strong tenant demand and long-term capital growth potential driven by ongoing regeneration in the area and excellent transport links.
Investment highlights:
* Purchase Price: £240,000
* Estimated Rent: £1,850 pcm
* ROCE: 14%
* Gross Yield: 9%
* Annual profit: £10,318
* 2 Double Bedrooms
* Ground-floor with rear garden
* Walking distance to Abbey Wood Elizabeth Line
* Strong rental demand and future capital appreciation potential
For further information, please get in touch.
Investment calculators
Need finance? Sourced Financial Services specialise in HMO mortgages and can secure same-day decisions in principle.
Speak to a brokerAssumes English SDLT rates and 3% additional property surcharge. Welsh LTT and Scottish LBTT differ. Always confirm with your solicitor.
Ltd company (SPV) purchases pay the same additional-property SDLT rates, but mortgage interest is fully deductible against rental profits.