7 bedroom flat for sale
Key information
Property description & features
- 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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Broadband availability and predicted speed: obtained from Ofcom on March 29, 2022
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:
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on March 29, 2022
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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 December 19, 2013 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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