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High Street, Rowan Court, E13

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

1

SIZE

624 sq ft

58 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • 1st Floor
  • 2 Bedrooms
  • Let at £1,750 pcm (£21,000 a year)
  • Bathroom with full-size bath
  • Two built-in hallway storage cupboards
  • The lease has been extended to approximately 150 years, with a peppercorn ground rent
  • No ground rent; service charge £2,385 a year
  • Vacant possession may be possible, subject to agreement

Description

100 Key Properties is pleased to offer this well-located two-bedroom flat in Rowan Court, Plaistow, E13. It is an attractive opportunity for both investors and buyers looking for a home of their own.

The flat opens onto a central hallway with two built-in storage cupboards. The reception room is a good-sized 16'7 x 16'5, with windows on two sides and the kitchen set off it. The master bedroom measures 12'0 x 11'0 and the second bedroom 11'0 x 7'0. The bathroom has a full-size bath.

The flat is currently tenanted, with a rental income of £1,750 per calendar month (£21,000 a year), which makes it an appealing investment. At the asking price this is a gross yield of around 7.1%.

For buyers who want to live in the property themselves, vacant possession may be possible, subject to agreement with the existing tenants and the applicable legal requirements.

The flat is leasehold with approximately 150 years remaining and no ground rent. The service charge is £2,385 a year.

Plaistow is a well-connected part of East London, with easy links into the City, Canary Wharf and Stratford.

Key features:

  • Two-bedroom flat

  • 16'7 x 16'5 reception room with kitchen

  • 12'0 x 11'0 master bedroom

  • Bathroom with full-size bath

  • Two built-in hallway storage cupboards

  • Currently tenanted at £1,750 pcm, approx. 7.1% gross yield

  • Vacant possession may be possible, subject to agreement

  • The lease has been extended to approximately 150 years, with a peppercorn ground rent.

  • No ground rent; service charge £2,385 a year

  • Plaistow, E13

To arrange a viewing, call 100 Key Properties on .


EPC Rating: C
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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High Street, Rowan Court, E13

Approximate location

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Affordability

Monthly repayments£1,462
Property: £ 295,000
Deposit: £ 29,500
Interest rate: 5.22%
Term: 30 years
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Renovation potential
Recently sold & under offer
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About 100 Key Properties Ltd, Hornchurch

129A High Street, Hornchurch, RM11 1TX

Placing client satisfaction at its heart, 100 Key Properties offers a bespoke, modern and creative service in residential sales, lettings, management and property search for the discerning homeowner, buyer, investor, landlord and tenant.

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Disclaimer - Property reference 89b95a40-1a92-4d3f-b574-894da2f54725. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by 100 Key Properties Ltd, Hornchurch. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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