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9 Bed Semi-Detached House, Single Let, Woodford Green, IG8 7ES £950,000

Nine Room HMO for sale in IG8 7ES - a year ago
  1. Deal Search
  2. Woodford Green
  3. IG8
  4. IG8 7ES
BTL
~128 m²

ValuationOvervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Woodford Green
  • More Deals in IG8
  • More Single Let Deals
  • More Single Let Deals in Woodford Green
  • More Single Let Deals in IG8

Property History

Listed for £950,000

September 19, 2024

Sold for £181,000

2002

Floor Plans

Description

  • Shops and amenities nearby +
  • View Today +
  • Double glazing +
  • Close to public transport +
  • Driveway +

Nationwide Residential & Commercial are favoured with instructions to sell this House in Multiple Occupation (HMO) with 9 rooms in Woodford Green - For Sale Freehold

Location
The premises are situated within a quite residential area at the junction with Langford Road. 

Both the M11 Motorway and the A406 North Circular Road s well as Woodford Central Line station are within easy reach.

Accommodation
Comprising an end terraced house with 9 Licensed rooms, a fully fitted communal kitchen and a rear garden. There is potential for off street parking to the front for 3 cars.

Each room is fully furnished and has its own shower cubicle and sink. The premises are electric only and each room is separately metered.  The landlord pays the water bill, council tax and electric for the hallway and kitchen.

There is a shared w/c on each floor and a utility area with a washing machine for the tenants use.

Approximate floor areas are as follows:
Room A  10.66 sq m
Room B  14.85 sq m
Room C    7.48 sq m
Room D    9.24 sq m
Room E  11.10 sq m
Room F    8.08 sq m
Room G  12.11 sq m
Room H  10.69 sq m
Room J   10.17 sq m

Rental Income 
Currently all of the rooms are let and producing a total income of £58,128 per annum.

Tenure
Freehold.

Guide Price
£925,000, subject to contract.

Council Tax
Listed as band D with Redbridge Council at £2,089.87 payable for 2024/2025.

Legal Costs
Each party to pay their own.  However, the landlord will require an undertaking for their abortive costs in the event that the proposed tenant withdraws from the transaction once the process has started.

Viewing
Strictly by prior arrangement via the landlords agent Nationwide Residential & Commercial on . - Please note, that proof of funds must be shown to the agent before a viewing can be arranged.

Agent Details

Nationwide Residential & Commercial Ltd, Essex

020 3906 1029

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

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