## Please note this property is being sold with tenants in situ ##

• One/Two Bedroom Apartment For Sale (one of the rooms is only accessible via the property but is not part of the demise which is why it is being advertised as a one bed and not two)
• Current Rental Income Of £30,000.00pa
• Property Currently Being Tenanted By Three Separate Tenants
• Current Managing Agent In Place
• 91 Years Remaining On The Lease (council owed building so extensions would be available via Hackney council
• CASH BUYERS ONLY
• Fantastic Location
• Low Asking Price To Reflect Lease Extension And Cash Buyers Only

INVESTMENT INFORMATION

• Asking Price £192,500.00
• Current Rental Income Room 1 – £650.00pcm | Room 2 – £850.00pcm | Room 3
• £1,000.00pcm | Overall Rental Income – £2,500.00pcm (£30,000.00pa)
• Gross Yield 14.3%
• Service Charges Per Annum £1,960.56pa
• Ground Rent Per Annum £8.00pa
• Management Fees (current rate 15.4%) £4,620.00pa
• Net Yield 11.1%