A rare opportunity to acquire this ground floor one-bedroom garden flat in a well-established residential pocket of Stratford. Offering approximately 468 sq ft, a private rear garden and a share of freehold, the property works equally well as a first purchase, buy-to-let investment or part of a wider acquisition alongside the upper flat.
Internally, the apartment offers a bright open-plan kitchen / reception room, creating a sociable and practical living space with room for dining. The kitchen is well arranged with good storage and preparation space, while the double bedroom is comfortably proportioned. A bathroom completes the accommodation.
One of the property’s strongest features is the private rear garden, providing valuable outside space that is increasingly difficult to find with flats in this part of East London. It gives the home a very different feel from a conventional apartment and offers plenty of space for relaxing, entertaining or alfresco dining.
Investment & Future Potential
The flat is currently capable of generating approximately £16,000 per annum in rental income. Importantly, the upstairs flat is also being offered for sale, giving investors the opportunity to acquire both properties, with a combined rental income of approximately £32,000 per annum based on the current figures provided.
For an owner-occupier or developer, purchasing both flats could also create the opportunity to reconfigure the building back into a single house, subject to the necessary permissions and consents. Both properties have remained under the same ownership for approximately 25 years, making the joint purchase opportunity particularly interesting.
The property also benefits from a share of freehold, with the current records showing a very long underlying lease.
Council Tax Band B