Offers over
£500,000
5 bed maisonette for saleEric Street, London E3
5 beds
2 baths
1 reception
EPC Rating: D
Leasehold
About this property
Central heating
Double glazing
Spartan Property Services are pleased to present this five-bedroom HMO investment property situated on Eric Street, E3 4TQ.
Offered at an asking price of £500,000, the property is currently arranged as a 5-bedroom House in Multiple Occupation and is fully let to five tenants, providing immediate income from completion.
Investment Highlights:
5 self-contained letting rooms
Fully occupied with 5 tenants in situ
Established HMO setup
Immediate income-producing asset
Located in a high-demand rental area
Excellent transport links to Canary Wharf, Stratford & Central London
Strong tenant demand from professionals
The property comprises five letting rooms, a fitted kitchen, bathroom facilities, and additional WC. Several rooms benefit from good natural light, and one includes access to a private balcony. The building forms part of a well-positioned residential block within close proximity to local amenities, bus routes and underground connections.
This location continues to see strong rental demand due to its proximity to:
Mile End Underground Station
Bow Road
Stratford & Westfield
Canary Wharf employment hub
The property is ideally suited to:
✔️ Portfolio landlords seeking steady cashflow
✔️ Investors looking for a turnkey HMO
✔️ Buyers seeking long-term capital appreciation in East London
With an asking price of £500,000, the asset presents an attractive entry point into the East London HMO market, with potential to review and increase rents (subject to market conditions and compliance), thereby improving yield over time.
Further financial information, tenancy schedule and compliance documentation available upon request.
Offered at an asking price of £500,000, the property is currently arranged as a 5-bedroom House in Multiple Occupation and is fully let to five tenants, providing immediate income from completion.
Investment Highlights:
5 self-contained letting rooms
Fully occupied with 5 tenants in situ
Established HMO setup
Immediate income-producing asset
Located in a high-demand rental area
Excellent transport links to Canary Wharf, Stratford & Central London
Strong tenant demand from professionals
The property comprises five letting rooms, a fitted kitchen, bathroom facilities, and additional WC. Several rooms benefit from good natural light, and one includes access to a private balcony. The building forms part of a well-positioned residential block within close proximity to local amenities, bus routes and underground connections.
This location continues to see strong rental demand due to its proximity to:
Mile End Underground Station
Bow Road
Stratford & Westfield
Canary Wharf employment hub
The property is ideally suited to:
✔️ Portfolio landlords seeking steady cashflow
✔️ Investors looking for a turnkey HMO
✔️ Buyers seeking long-term capital appreciation in East London
With an asking price of £500,000, the asset presents an attractive entry point into the East London HMO market, with potential to review and increase rents (subject to market conditions and compliance), thereby improving yield over time.
Further financial information, tenancy schedule and compliance documentation available upon request.
Mortgage calculator
Monthly repayment
£2,501 per month
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More information
Tenure
Leasehold (89 years)
Service charge
£2,500 per year
Council tax band
C
Ground rent
£10
Ground rent date of next review



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