Investment opportunity
Ex Council Property Split Into Four Rooms Currently Rented At £4,150 Per Calendar Month
To be sold with tenants in situ.
Ex council property with four rooms, kitchen, bathroom currently rented at:
Room A £1,150 per month
Room B £950 per month
Room C £1,050 per month
Room D £1,000 per month
Totalling £4,150 Per Calendar Month
Totalling £49,800 Per Annum
Lease remains - 89 years
These properties have had the same managing agent for over 10 years and would be keen to keep looking after them for the new buyer.
The current owner pays £75 a month for the cleaning twice a month and £75 each for gas and electric.
Accommodation
Four rooms
Kitchen
Bathroom
Location
This property is located in a residential area with Ravencroft Park on the doorstop. A short walk away is a high street full of shops, eateries and amenities. The closest train station is Hoxton (overground) and is a 7 minute walk or drive away.
Tenure
Leasehold
Tenancy
Room A £1,150 per month
Room B £950 per month
Room C £1,050 per month
Room D £1,000 per month