Nationwide Residential & Commercial are favoured with instructions to sell this House in Multiple Occupation (HMO) with 9 rooms in Woodford Green - For Sale Freehold
Location The premises are situated within a quite residential area at the junction with Langford Road.
Both the M11 Motorway and the A406 North Circular Road s well as Woodford Central Line station are within easy reach.
Accommodation Comprising an end terraced house with 9 Licensed rooms, a fully fitted communal kitchen and a rear garden. There is potential for off street parking to the front for 3 cars.
Each room is fully furnished and has its own shower cubicle and sink. The premises are electric only and each room is separately metered. The landlord pays the water bill, council tax and electric for the hallway and kitchen.
There is a shared w/c on each floor and a utility area with a washing machine for the tenants use.
Approximate floor areas are as follows: Room A 10.66 sq m Room B 14.85 sq m Room C 7.48 sq m Room D 9.24 sq m Room E 11.10 sq m Room F 8.08 sq m Room G 12.11 sq m Room H 10.69 sq m Room J 10.17 sq m
Rental Income Currently all of the rooms are let and producing a total income of £58,128 per annum.
Tenure Freehold.
Guide Price £925,000, subject to contract.
Council Tax Listed as band D with Redbridge Council at £2,089.87 payable for 2024/2025.
Legal Costs Each party to pay their own. However, the landlord will require an undertaking for their abortive costs in the event that the proposed tenant withdraws from the transaction once the process has started.
Viewing Strictly by prior arrangement via the landlords agent Nationwide Residential & Commercial on[use Contact Agent Button]. - Please note, that proof of funds must be shown to the agent before a viewing can be arranged.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Greenstead Avenue, Woodford Green IG8 - Streetview
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Nationwide Residential & Commercial - Woodford Green. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Nationwide Residential & Commercial - Woodford Green for full details and further information.