1 bed flat for sale

22-30 Longbridge Road, Barking IG11

Guide Price £175,000 - £185,000. For sale is a well-maintained, one-bedroom flat on the 3rd floor of a purpose-built block. The property is currently let at £1,325 pcm. The tenancy agreement runs until mid-September making the property only suitable for investors at present. We understand from the sellers that the annual service charge and ground rent, including the parking space, totals £4,111 for 2024-25. The current lease is 125 years from 29th September 2001 (102 years remaining). The flat is in good condition and comprises a single reception room with space for a dining table, a modern kitchen area opening to the living room, one bedroom and a four-piece bathroom. It's ideal for those looking for an investment opportunity. Location-wise, the property is well-placed with excellent public transport links, including Barking Station nearby. Local amenities and parks are within reach, adding to the convenience of investing in this area. The flat also comes with a parking space located in the secure basement carpark, subject to its own 125 years lease from 29 September 2001 (102 years remaining) - A valuable addition in such a prime location. This property presents a fantastic investment opportunity, and an early viewing is recommended.