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No longer on the market

This property is no longer on the market

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7 bedroom flat

Flat
7 beds
4 baths
473 sq ft / 44 sq m
EPC rating: D
Added > 14 days

Key information

TenureLeasehold
Council taxBand B
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Leasehold
  • Portofolio of four flats
  • Tenants in situ
  • Ideal for cash buyers
  • Potential for rental income
  • Neutral Decor
  • Close to Local Shops and Amenities

Investment opportunity!


Victor Michael is pleased to present you with an exclusive portfolio of four flats. These flats are perfect for cash buyers seeking a long-term investment, as tenants are already in situ, ensuring a steady and reliable rental income from day one.

Flats with potential.
Each unit within the portfolio has been meticulously maintained and boasts neutral decor, providing the flexibility to appeal to a wide range of tenants. Whether you plan to rent out the flats individually, the potential for generating substantial rental income is truly remarkable.


Macaulay Road E6 (current rent £1300pcm £15,600PA)

Ground Floor - 2 Bedroom Flat: 48 sqm/516 sqft

£325,000

£1500/1450pcm - 5.5%Y (can be achieved)

Lease: 995 years

Ground rent: £50/PA

Grange Road E13 (current Rent £1250pcm, £15,000PA)

First Floor - 2 Bedroom Flat: 46sqm/456 sqft

£249,000

£1300pcm - 6.2%Y (can be achieved)

Lease: 198 years

Ground rent: £50/PA

Church Road, E12 (current rent £1175pcm, £14,100PA)

Ground Floor - 2 Bedroom garden flat: 59 sqm/623sq ft

£285,000

£1350pcm - 5.8%Y (can be achieved)

Lease: 58 years

Ground rent: £50/PA

Selwyn Road E13 (guaranteed rent £1050pcm £12,600pa)

L' Ground Floor - 1 Bedroom Garden Flat: 43 sqm/462.6 sqft

£270,000

£1350pcm - 5.8%Y (can be achieved)

Lease: 198 years

Ground rent: £50/PA


Service charge/building insurance shared with the freeholder.


Solid investment
Investing in property is a proven method to secure long-term financial growth, and this portfolio of flats offers an excellent opportunity for such an investment. The stable and consistent income generated from the rental properties ensures a solid return on investment. Moreover, the current tenants provide an added advantage, eliminating any worries of vacancy. The reliable cash flow from day one makes it an attractive proposition for astute investors.


With the added potential for capital appreciation, this investment is destined for long-term success.

Due to low lease in the progress, these properties are suitable for cash buyers.


Contact us today to arrange a viewing at[use Contact Agent Button].


Notice:

Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs are provided for guidance only.

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About this agent

Victor Michael - Stratford
Victor Michael - Stratford
74 Leytonstone Road Stratford, London E15 1SQ
020 8022 6689
Full profileProperty listings
Victor Michael Property Group can trace its origins back to 1988, when the company was originally founded by Mr.Victor Khatri. Since then the company has grown to become one of the longest serving independent estate agents in East London and the county of Essex. The company has a network of four strategically located estate agency branch offices that are dedicated to serve our clients and the local communities needs, covering the areas of Stratford, Leytonstone and Canning Town.
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