Pure Investor brings to the market this 3-bedroom terraced property for sale in Waltham Abbey, London.

The property would be sold with the current tenant in situ who has been in the property for the past 3 years. The property is currently being let out to the local council who secure tenants for the property and usually works on a 3-year contract with rent reviews included. The current 3-year contract is due to expire soon with the current landlord not looking to renew to leave options open to the new buyer.

Investment Breakdown

• Asking price: £345,000 offers over
• Current rental income: £1,450pcm (£17,400 per annum)
• Gross yield: 5.0%
• Net Yield: 5.0%
• Tenure: Freehold
• Managing agent in place, however no fees due to the council placing a tenant in the property.

Additional Property Information

• Three spacious double bedrooms
• Generous living space
• Beautiful garden space
• Prime location
• Excellent schools nearby
• Close to local amenities