Description

Nestled in the sought-after Otter Close riverside development, this charming two-bedroom, two-bathroom first-floor apartment offers a delightful blend of comfort and convenience. Built in 2003, the property is being sold chain-free, making it an ideal choice for first-time buyers eager to make their mark or savvy investors seeking a lucrative opportunity.The apartment features a spacious reception room that seamlessly connects to a well-appointed kitchen, both of which overlook the picturesque City Mill River. This serene view enhances the living experience, providing a tranquil backdrop to daily life. The property also benefits from a communal car park, available on a first-come, first-served basis, adding to the convenience of urban living.Location is key, and this apartment does not disappoint. The Pudding Mill Lane DLR station is easily accessible, ensuring swift transport links to the wider city. Additionally, the renowned Westfield Shopping Centre and the expansive Queen Elizabeth Olympic Park are just a short stroll away, offering a wealth of shopping, dining, and recreational options. For those who enjoy cycling, the nearby Greenway provides an excellent route for leisurely rides.With 165 years remaining on the lease, this property presents a fantastic opportunity for buyers looking to invest in a vibrant area. The potential monthly rental income of £1,900 equates to an impressive gross rental yield of approximately 6.5%, making it an attractive proposition for investors.In summary, this two-bedroom apartment in Otter Close is a rare find, combining modern living with an enviable location. Whether you are looking to settle down or invest, this property is well worth your consideration.

Viewing

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Energy Performance Certificate
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Disclaimer

David Daniels endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.