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£9,500,000

2 bed flat for sale
Grosvenor Road, Ilford IG1

    • 2 beds

    • 1 bath

Freehold
Added on 09/04/2024

About this property

  • 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 on

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.

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Monthly repayment

£47,523 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

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