Royal Docks, Tenanted Apartment , 7% Yield
Beautifully located next to the Royal Victoria Dock and enjoying views towards the O2 Centre is this well presented two bedroom, two bathroom apartment. The property comprises of an attractive reception room with floor-to-ceiling windows, open-plan kitchen, two double bedrooms both with built in wardrobes and master with en-suite shower room and a family bathroom. The apartment also benefits from an off street allocated parking space.
The property is currently tenanted and producing a rental income of £1520 pcm which results in a gross yield of 7.3%. Based on a BM 2 year tracker of 3.89% the positive monthly cash-flow achievable is £913 pcm.
Western Beach is well located just a short walk from both Royal Victoria and West Silvertown DLR stations, as well as being less than a mile to the Jubilee Line at Canning Town, and within easy reach of City Airport. The Emirates Cable Car now offers a fun and convenient access to the O2 from the doorstep.