Leytonstone/Wanstead E11

£3,000,000

  • Freehold Investment
  • Eight Apartments
  • Fully Occupied
  • Rent Schedule and ERV available upon request
  • Desirable Location

Freehold investment comprising eight apartments (Offers in the region of £3,000,000).

Available in an SPV, reducing stamp duty liability from £423,750 down to just £15,000.

Description: A substantial Victorian period property positioned opposite Hollow Ponds and Epping Forest. Formerly used as a B&B with individual rooms, the property was comprehensively converted in 2011 into eight self-contained apartments, comprising five two-bedroom flats and three one-bedroom flats.

The property is fully occupied, with the current owner having maintained rents at modest levels. There is clear scope to enhance the total rental income by approximately 10%-20%. The building also presents strong potential for capital growth, given its location and continued regeneration in the surrounding area.

Rent schedule, with an ERV and breakdown value available upon request.

Nearest Stations

tube Leytonstone Underground Station - 0.4 miles
tube Snaresbrook Underground Station - 0.6 miles
tube Wanstead Underground Station - 0.7 miles
Rail Leytonstone High Road Rail Station - 0.7 miles
Rail Leyton Midland Road Rail Station - 0.9 miles
Rail Wood Street Rail Station - 1.1 miles

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