Map2 bedroom apartment for sale
Grosvenor Road, Ilford IG1
Apartment
2 beds
1 bath
656 sq ft / 61 sq m
EPC rating: D
Key information
Features and description
- 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
Calibre Acquire is proud to offer an unparalleled investment opportunity in the form of a portfolio of twenty-nine flats, spread across ten freehold properties in the sought-after locations of Ilford, Romford, and Leytonstone. This collection of properties stands as a testament to stability and long-term tenant loyalty, with the majority of the flats being home to the same tenants for five years or more.
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.
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.
About this agent
As a modern-day agency, we strongly believe we have the perfect formula which will achieve the best buyer, at the best price, in the shortest time. We understand marketing, we understand the impact of social media and we understand the importance of exposing your property to as many potential buyers as possible. However, we also understand it's imperative old-fashioned techniques and processes such as something so simple as regular updates, are followed as well. Calibre Estates share one thing in common - we're all passionate about property. We appreciate no journey is the same and before discussing marketing your property or your next purchase, we're eager to learn why you're considering moving in the first instance, whilst gaining a deeper understanding of your requirements.