Net Lettings

Grosvenor Road, Ilford


Grosvenor Road, Ilford

Property Description

2 Bedroom(s) | 1 Bathroom(s) |

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.

These particulars have been prepared in good faith to give a fair overall view of the property; they do not constitute an offer and will not form part of any contract. We make no representation about the conditions of the property nor that any services or appliances are in good working order; this should be checked by your surveyor. Furthermore, you should not assume that any items or features referred to in these particulars or shown in the photographs are included in the sale price. Your solicitor should check this as part of the normal conveyancing process.