£625,000

Block of flats for sale

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From

£625,000

(£370.04/sq. ft)

Block of flats for sale

Stepney Way, London E1

1,689 sq. ft

Local area information

Property location

Nearby amenities

  • Marion Richardson Primary School 0.2 miles
  • Sir John Cass Foundation and Redcoat Church of England Secondary School 0.2 miles
  • Stepney Green 0.4 miles
  • Limehouse 0.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Stepney, Stepney Green and Shadwell to find out more about the local area.

Features and description

  • Comprises 3-bed ground floor apartment with large garden at rear
  • Residential block new build in 2017
  • Situated within 12 min walk from Stepney Green Underground Station
  • Gross Initial Yield: 4.98%
Investment Consideration:
Gross Initial Yield: 5.38%
Rental Income: £33,600 p.a.
VAT is not applicable to this property
Comprises 3-bed ground floor apartment with large garden at rear
Residential block new build in 2017
Situated within 12 min walk from Stepney Green Underground Station
Mile End Road is within close proximity, which hosts retailers such as Asda, Nandos, German Doner Kebab, The Gym Group and many more.

Property Description:
Comprises 3-bed ground floor apartment with large rear garden at rear, providing the following accommodation and dimensions:
Flat 1: 157 sq m (1,689 sq ft)
Gross Internal area: 80 sq m (861 sq ft)
3 bedrooms, kitchen/living room, 2 bathrooms
Garden area: 77 sq m (828 sq ft)

Tenancy:
The property is at present let on AST to an Individual for a term of 12 Months from 21st May 2023 at a current rent of £33,600 p.a. Deposit held of £3,000.

Tenure:
Share of freehold. To be held on a 999 year lease from completion at a ground rent of peppercorn.

Location:
The property is located in the heart of Stepney, opposite Stepney Green Park and Farmers Market. Stepney Green Underground Station is 12 min walk, providing direct services to central London. Mile End Road is also within close proximity, which hosts retailers such as Asda, Nandos, German Doner Kebab, The Gym Group and many more.

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Property descriptions and related information displayed on this page are marketing materials provided by - Blue Alpine Partners. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Blue Alpine Partners for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. London
  4. East London
  5. Stepney
  6. Stepney Green
  7. Stepney Way