£500,000
5 bed block of flats for saleHale End Road, Woodford Green IG8
5 beds
2 baths
2 receptions
EPC Rating: C
Freehold
About this property
Freehold
Good return on Investment
Five bedrooms total
Currently tenanted
The property consists of two converted flats: A two-bedroom flat on the first floor and a three-bedroom flat on the ground floor. Currently achieving a rental income of £2,975 per calendar month, this property presents an ideal investment for those seeking long-term capital growth and a steady rental yield.
While the property requires a bit of work to reach its full potential, it offers substantial upside for any investor with vision
Disclaimer
Declaration: We endeavour to make our marketing particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. All measurements have been taken as a guide to prospective applicants only and are not precise.
A.M.L. Regulations: In accordance with legal requirements, we are obligated to perform Anti-Money Laundering (aml) checks for all parties involved in property transactions. Our partners, Movebutler will conduct the initial aml checks on our behalf. Once your offer has been deemed acceptable, Movebutler will reach out to you to initiate the necessary cover the costs associated with data collection, manual verification, and ongoing monitoring, a non-refundable fee of £20 (inclusive of VAT) per buyer is applicable. This fee should be paid directly to Movebutler. It is essential to complete all aml checks before your offer can be formally accepted
While the property requires a bit of work to reach its full potential, it offers substantial upside for any investor with vision
Disclaimer
Declaration: We endeavour to make our marketing particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. All measurements have been taken as a guide to prospective applicants only and are not precise.
A.M.L. Regulations: In accordance with legal requirements, we are obligated to perform Anti-Money Laundering (aml) checks for all parties involved in property transactions. Our partners, Movebutler will conduct the initial aml checks on our behalf. Once your offer has been deemed acceptable, Movebutler will reach out to you to initiate the necessary cover the costs associated with data collection, manual verification, and ongoing monitoring, a non-refundable fee of £20 (inclusive of VAT) per buyer is applicable. This fee should be paid directly to Movebutler. It is essential to complete all aml checks before your offer can be formally accepted
Mortgage calculator
Monthly repayment
£2,501 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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