london investment property
WPI are offering a rare opportunity to acquire a Luxury apartment (built 2007) in one of the most desirable locations in the London. These apartments are offered at a massive 28% below the current RICS valuation and are all tenanted giving large positive cash flows, even after service and ground rent fees.
Do your own research!, Properties in the same block are currently being advertised at £315,000 and at £1,300 per month for rent. Check land registry for comparable evidence!
Average Rental Yields are 6.3%, with a massive instant equity averaging £80,000. With fantastic panoramic views and just a stones through away from the Olympic stadium its goes without saying that these are simply a fantastic investment.
Figures:
Valuation: £300,000
Price £216,000
Finders fee £4,000
Legals £1,500approx
Current Rent £1,300
Mortgage £815 (Based on 75% LTV)
Service.Ground Rent £185 (monthly)
Monthly Profit £300
Instant Equity £84,000
Please Call or Email us for full brochure.
Limited Availability First Come First Served.
Tags: investment property
