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For Sale by Online Auction, Starting Bid of £235,000, Terms and Conditions Apply
Are you looking to buy a property with 10% equity from day 1 and a rental yield of over 5%? Then this could be the property for you.
Cash buyers are wanted for this modern 1-bedroom apartment in the heart of Edgware. Due to the property requiring an EWS1 form which is estimated to be resolved within the next 12 months, the owners are willing to undersell the property for a cash buyer giving a new owner the opportunity to re finance at a much higher price in the coming months. The owners will also consider paying the next 12 months service charges to ensure no outgoings to an incoming landlord for an initial period guaranteeing an attractive yield for an extremely competitively priced property.
Additionally, parking is available via permit which is charged at just over £24 per quarter and is just moments walk from the property.