1 bedroom apartment for sale

Penventon Court, Dock Road, Tilbury RM18 7DG

Full description

Size: 38 sqm

Spacious 1st floor 1-bedroom apartment with allocated parking located in Tilbury Essex. Perfect investment opportunity more info...

We are pleased to present this spacious 1st floor apartment in the heart of Tilbury in Essex.

The apartment is offered fully furnished and features a modern fully fitted kitchen, spacious living area and large double bedroom all situated within the purpose-built apartment block – Penventon Court.

Penventon Court offers allocated parking for residents, as well as a secure entry system with intercom access. The development is positioned perfectly local to all amenities, including being within walking distance to Tilbury Town and Station offering a direct route to the famous Southend On Sea and only 6 stops to London Liverpool Street Station.

Due to its booming local economy, transport connections and appeal for both families and city professionals, Tilbury’s popularity continues to increase. As a result of this rapid surge and demand for housing, average property prices have risen by 44% (£68,721) in the last 5 years alone (Zoopla – October 2018), making this a perfect lucrative investment opportunity just outside of London!

Please note: Images shown are of the apartment unfurnished and may not be representative of the property for sale. This apartment is offered fully furnished

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Key features

Key features Tenanted for immediate income with 5% NET yields!
Key features Fully furnished
Key features Local to all amenities
Key features Allocated parking
Key features Great transport routes
Key features Direct access to Central London

EPC

Financial Performance*

Purchase price £118,000
Gross rent £7,800
Ground rent £80
Service charge £1,042
Lettings fees £702
Net income £5,976
Gross yield 6.61%
Net yield 5.06%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

1 bedroom apartment for sale

Penventon Court, Dock Road, Tilbury RM18 7DG,

Purchase price £118,000
Gross rent £7,800
Ground rent £80
Service charge £1,042
Lettings fees £702
Net income £5,976
Gross yield 6.61%
Net yield 5.06%

Full description

Spacious 1st floor 1-bedroom apartment with allocated parking located in Tilbury Essex. Perfect investment opportunity more info...

We are pleased to present this spacious 1st floor apartment in the heart of Tilbury in Essex.

The apartment is offered fully furnished and features a modern fully fitted kitchen, spacious living area and large double bedroom all situated within the purpose-built apartment block – Penventon Court.

Penventon Court offers allocated parking for residents, as well as a secure entry system with intercom access. The development is positioned perfectly local to all amenities, including being within walking distance to Tilbury Town and Station offering a direct route to the famous Southend On Sea and only 6 stops to London Liverpool Street Station.

Due to its booming local economy, transport connections and appeal for both families and city professionals, Tilbury’s popularity continues to increase. As a result of this rapid surge and demand for housing, average property prices have risen by 44% (£68,721) in the last 5 years alone (Zoopla – October 2018), making this a perfect lucrative investment opportunity just outside of London!

Please note: Images shown are of the apartment unfurnished and may not be representative of the property for sale. This apartment is offered fully furnished

Key features

TicksTenanted for immediate income with 5% NET yields!
TicksFully furnished
TicksLocal to all amenities
TicksAllocated parking
TicksGreat transport routes
TicksDirect access to Central London

Amenities

Bus Bus
City Centre City Centre
Close To Public Transport Close To Public Transport
Double Glazing Double Glazing

EPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.