This spacious 2-bedroom apartment, spanning 57 sqm, comes with a 976-year lease and a share of the freehold. It benefits from a peppercorn ground rent, a service charge of £7,000 per year, an on-site porter, and access to a garden.

Priced at a fixed £505,000 plus a 2% sourcing fee for a quick cash purchase, the property is valued at £625,000, offering strong investment potential. The sale is driven by divorce, with limited time for the seller to market the property. Completion is expected by the end of February, making this an excellent opportunity for swift buyers.

The financials:
▪ Purchase price: £505,000
▪ GDV: £625,000
▪ Purchase costs: £515,000
▪ Profit once sold: £85,000
▪ ROCE: 16%

Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.