£360,000
(£515/sq. ft)
3 bed flat for saleCottage Street, London E14
3 beds
1 bath
1 reception
699 sq. ft
EPC Rating: C
- Leasehold
RICE Resi
.png)
About this property
Lift access
Nestled in the vibrant heart of London on Cottage Street, this purpose-built flat presents an exceptional investment opportunity. Spanning an impressive 699 square feet, the property boasts three well-proportioned bedrooms, making it ideal for those seeking a comfortable living space or a lucrative rental option.
Constructed in 1965, this flat has been thoughtfully converted to a House in Multiple Occupation (HMO), allowing for maximised rental potential. The layout includes a spacious reception room, perfect for relaxation or entertaining guests, alongside a practical bathroom featuring a shower and a separate toilet.
Currently tenanted, this property offers the unique advantage of being sold with existing tenancies, ensuring immediate income for the new owner. With a gross yield of 8.46%, this flat stands out as a promising addition to any property portfolio, appealing to both seasoned investors and first-time buyers alike.
Cottage Street is well-connected, providing easy access to local amenities and transport links, making it a desirable location for tenants. This flat not only offers a comfortable living environment but also represents a sound financial investment in one of the UK's most dynamic cities. Don’t miss the chance to acquire this remarkable property that combines practicality with potential.
Bedroom 1 (10.2 (33'5"))
Bedroom 2 (9.64 (31'7"))
Bedroom 3 (9.8 (32'1"))
Living (7.38 (24'2"))
Kitchen (6.35 (20'9"))
Bathroom (1.64 (5'4"))
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
More information
Tenure
Leasehold (89 years)
Service charge
£2,028 per year
Council tax band
B
Ground rent
£10
Ground rent date of next review