PROPERTY: Worth investigating, £180k
We've chosen this as our Property of the Week as it has huge potential to demand rents of £1,150-1,400/month, giving investors a predicted 8.7% yield, a spectacular figure for a London property.
With an asking price of £180,000, the property is the cheapest one-bedroomed flat by £50,000 within half a mile and is definitely worth further investigation. Great opportunity for a cash buyer.
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T2M is pleased to offer this split level conversion flat boasting one double bedroom.The property has been redecorated throughout and has new double glazed windows and very high ceilings! Further benefits include a modern kitchen and bathroom, good size reception, plenty of storage and a long lease. There is also gas central heating and the property is vacant with no onward chain making this an ideal first time buy or as a rental investment.
This apartment is very well located within a stone's throw of shops, buses and both Tooting BR & Mitcham Eastfields train stations are within close walking distance.