Grosvenor Road, Ilford IG1

£9,500,000

  • Portfolio of 29 flats, spread across ten freehold properties
  • Situated in Ilford, Romford & Leytonstone
  • Fully Occupied
  • Generating in excess of £500,000 annually
  • Stamp duty relief, with only 0.5% stamp duty payable

Calibre Acquire is proud to offer an unparalleled investment opportunity in the form of a portfolio of twenty-nine flats, spread across ten freehold properties in the sought-after locations of Ilford, Romford, and Leytonstone. This collection of properties stands as a testament to stability and long-term tenant loyalty, with the majority of the flats being home to the same tenants for five years or more.

Each flat within this portfolio is fully occupied, ensuring a consistent and robust income stream, with the added benefit of zero rent arrears. Such a feature highlights the reliability of the investment and the quality of tenant relationships established.

Significantly, this portfolio is offered for sale under a special purchase vehicle. This arrangement brings with it considerable financial advantages, including the inheritance of a preferential low mortgage rate of 2.95% for 75% of the mortgages. Additionally, purchasers will benefit from substantial stamp duty relief, with only 0.5% stamp duty payable on the acquisition.

For further details and to explore this rare investment opportunity, please contact us.

Nearest Stations

Rail Ilford Rail Station - 0.4 miles
Rail Seven Kings Rail Station - 1 miles
Rail Barking Rail Station - 1.1 miles
tube Barking Underground Station - 1.1 miles
Rail Manor Park Rail Station - 1.3 miles
Rail Newbury Park Station - 1.5 miles

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