1 bedroom apartment for sale

  • £440,000
  • 8.9% Rental Yield
  • 95 ALI
50 Thomas More Street, London, E1W
For Sale

1 bedroom apartment for sale

50 Thomas More Street, London, E1W
  • £440,000
  • 8.9% Rental Yield
  • 95 ALI

Overview

Updated on August 24, 2024
  • Property Type
  • 1
  • Bedroom
  • 1
  • Bathroom
    • Sq Ft
  • Year Built

Description

The Property
Beautiful, recently renovated 1 bed flat in St Katherine Docks, an ideal investment opportunity. Renovated in 2019 to an extremely high standard - wood floors throughout, underfloor heating, brand new kitchen and bathroom in granite and marble, new appliances (Smeg cooker, Bosch dishwasher and washing machine, Neff fridge). There is a good size bedroom with a walk in wardrobe as well as a private balcony.

The flat is walking distance to the city and good transport links nearby - Tower Hill and Tower Gateway both an 8 min walk, and a good selection of buses (42, 78, 100) around the corner. There is a Waitrose directly opposite the property, as well as a Fitness First, dry cleaner and hairdresser. Situated on the docks, there is also a great selection of restaurants and bars in close proximity. Of course it is also a 7 minute walk from Tower Bridge.

The flat is currently let to a corporate tenant, with 2 years remaining on the lease (until August 2026), with a guaranteed income of £2217 PCM. This includes £117 for council tax, which is payable by the owner. Viewing opportunities are very limited, taking place on 3rd and 4th of July ONLY. If interested, please get in touch and we can schedule an appointment.


Property ownership information

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 01/02/2949

Disclaimer for virtual viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.

If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.

Arical Liveability Index

95
Schools
Outstanding
Restaurants
Outstanding
Transport
Outstanding
Services
Outstanding
Groceries
Outstanding
Safety
Average

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Predicted Rental Yield

8.9%

Rental yield is the return a property investor is likely to achieve on a property

Transaction Nearby

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