- 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/PAGrange 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/PAChurch 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/PASelwyn 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 020 8519 2000.
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.
Important information
This is not a Shared Ownership Property
This is a Leasehold Property
This Council Tax band for this property is: B
Property Ref: 123456_346471
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