For Sale, 2 Bed Investment 

Havant Road, Walthamstow

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Features

  • Popular East London Location
  • Converted End Terraced Building
  • One Bedroom Apartment & Studio Flat
  • Ready Made Investment Opportunity
  • Freehold
  • Excellent Transport Links
  • Studio Rent: £10,200 PA
  • One Bedroom Rent: £14,400 PA

Quick Details

2 Bedrooms

Address

70/70a Havant RoadLondonE17 3JF
Details
Floorplans
EPC
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Property Details

•Block of Two Apartments
•Asking Price: £440,000
•Yearly Income: £24,600
•Freehold

This former single storey retail unit has recently been remodelled to provide accommodation over three levels. The ground floor comprises a self contained studio flat that with an open plan living room and kitchen along with a separate shower room. The first floor comprises a good sized one bedroom flat situated over the first and second floors of the building. Both units have the advantage of their own separate entrances.

Studio Flat: 26 Sq. M (280 Sq. Ft)
First Floor Flat: 59 Sq. M (635 Sq. Ft)
(Taken From EPC)

Location

The property is situated on Havant Road at its junction with Shernhall Street in Walthamstow, E17. The immediate vicinity hosts a good selection of local amenities including a wide range of local and national retailers with recreational pursuits to include Epping Forest.

Investment Analysis

The Studio is currently let on an AST Basis for £10,200PA, the tenancy is for a year starting from 12/07/19. The first floor apartment is currently let for £12,00 PA. The tenancy is for a year starting from 26/06/19. At the asking price of £440,000 this represents a gross yield of 5.6%.

Services

We understand the property to have mains gas, electricity, water and drainage. Interested parties should make their own enquiries.

Tenure

Freehold

Asking Price

£440,000

Buyers Premium

A buyers premium of 1% (min. £3,600) inc. VAT is applicable when purchasing this property.

VAT

Non Applicable

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Floorplans

Energy Performance Certificates

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