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Four-bedroom residential investment property

Greater London, E11 - Get Access

4 bed 3 bath

Description

A well-located three-storey freehold property comprising three self-contained residential flats arranged over the first and second floors, together with a ground-floor commercial premises which has been sold off on a long leasehold interest. The first floor comprises a one-bedroom flat and a two-bedroom flat, both of which are currently let and producing rental income. The second floor comprises a further one-bedroom flat, which is offered with vacant possession, providing an opportunity for investment or owner-occupation. Accommodation details: First Floor Flat One comprises a hallway, reception room, kitchen, two bedrooms, bathroom, and rear roof terrace. First Floor Flat Two comprises a hallway, reception room, kitchen, bedroom, and bathroom. Second Floor Flat comprises an entrance hall, landing, hallway, reception room, kitchen, bedroom, and bathroom. Tenancy details: Ground Floor Shop sold off on a long leasehold interest with 999 years granted from 04.12.2026 at a peppercorn ground rent. First Floor Flat One let to an individual on a periodic tenancy (original tenancy 12 months from 29/10/2021, holding over) at a current rent of £1,100 pcm. First Floor Flat Two let to an individual on a periodic tenancy (original tenancy 12 months from 29/10/2021, holding over) at a current rent of £1,200 pcm. Second Floor Flat is vacant.