2 bedroom apartment for sale
Key information
Property description & features
- Portfolio of 29 flats, spread across ten freehold properties
- Situated in Ilford, Romford & Leytonstone
- Fully Occupied
- Generating in excess of £500,000 annually
- Stamp duty relief, with only 0.5% stamp duty payable
Each flat within this portfolio is fully occupied, ensuring a consistent and robust income stream, with the added benefit of zero rent arrears. Such a feature highlights the reliability of the investment and the quality of tenant relationships established.
Significantly, this portfolio is offered for sale under a special purchase vehicle. This arrangement brings with it considerable financial advantages, including the inheritance of a preferential low mortgage rate of 2.95% for 75% of the mortgages. Additionally, purchasers will benefit from substantial stamp duty relief, with only 0.5% stamp duty payable on the acquisition.
For further details and to explore this rare investment opportunity, please contact us.
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Property reference 101793000941. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Calibre Estates - London.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 4, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 4, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on March 22, 2018 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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