Sacrist Apartments, Rivermill Lofts, 44-50 Abbey Road, IG11 7SA

Sacrist Apartments, Rivermill Lofts, 44-50 Abbey Road, IG11 7SA

  • 1 Bedrooms
  • 1 Bathroom
  • 1 Receptions
£ 299,999
Or call us on 0203 621 8881 to speak with your local team.

*PERFECT FOR INVESTORS* THIS ONE BEDROOM PENTHOUSE APARTMENT WITH PARKING AND A PRIVATE TERRACE OVERLOOKING ABBEY PARK!

Highly sought-after secure parking space included (worth £25,000)
Oak flooring and doors, designer kitchen and modern finishes including smart taps and mirrors with LED lighting
Currently tenanted until November 2019

Currently tenanted, investors will walk into a very attractive 4.8% gross yield, very low service charges and a rental income from the moment you complete.

Rivermill Lofts, set over two buildings and well situated on the waterfront of the River Roding, is in an area which has been ranked one of the highest growth areas in London at 13.9% in the last year. Situated just off the A13 and North Circular roads providing excellent transport links to Central London and North London. Barking benefits from an underground tube station and National Rail station connecting to Central London, London Fenchurch Street and the coast at Southend-on-Sea.

These particulars are not intended to form part of any contract.

  • ONE BED PENTHOUSE
  • HUGE PRIVATE TERRACE
  • PARKING SPACE (WORTH u00a325,000)
  • PERFECT INVESTMENT
  • COUNCIL: LONDON BOROUGH OF BARKING
  • SERVICE CHARGE u00a30.91 PA
  • GROUND RENT: u00a3350 PA
  • TENURE: LEASEHOLD 999 YEARS
  • NOT SUITABLE FOR HELP-TO-BUY
  • OPEN 7 DAYS A WEEK

  • Barking station (944m)

    Reference Number

    PRP14473781

    Price per Sqft

    £542 approx

    Interested in this property?

    Call Ernest-Brooks International

    call us on 0203 621 8881
    £ 299,999
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    £

    * SDLT (Stamp Duty Land Tax) will not be applicable on properties up to £300,000 for first time buyers. For the portion of £300,001 to £500,000 the SDLT will be 5%. If the price is over £500,000 you cannot claim relief.

    ** Buy-to-let/second home rates are 5 percentage points above the current SDLT (Stamp Duty Land Tax)** Properties under £40,000 are not subject to second home SDLT updated 01.07.2021

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