House For Sale £1,500,000
Aaza is proud to present these rare two combined properties just off Green Street, Upton Park.
These once two residential homes belonged to one family and are now used by the local authority, generating an income of approximately £7,500 per month.
The property has 16 rooms, two currently used offices & meeting rooms, eight bathrooms & toilets, one combined kitchen, a large combined garden, balcony and a garage.
If appropriately managed with the right investor and HMO License, the yield achievable would be over 7% with an average room rental per month at £600.00; this is a fantastic return for a property in London; alternatively, it can also be used as a large family home.
My client will consider offers in the region of £1.6 million.
Viewings are strictly by appointment only & proof of funds will be required before any viewings occur.
Tenure: freehold
1. Money laundering regulations: Intending purchasers must produce identification documentation later. We would ask for your co-operation, so there will be no delay in agreeing on the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please get in touch with the office, and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only for general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any equipment or appliances on this property. Accordingly, we strongly advise prospective buyers to commission their survey or service reports before finalising their offer to purchase.
These once two residential homes belonged to one family and are now used by the local authority, generating an income of approximately £7,500 per month.
The property has 16 rooms, two currently used offices & meeting rooms, eight bathrooms & toilets, one combined kitchen, a large combined garden, balcony and a garage.
If appropriately managed with the right investor and HMO License, the yield achievable would be over 7% with an average room rental per month at £600.00; this is a fantastic return for a property in London; alternatively, it can also be used as a large family home.
My client will consider offers in the region of £1.6 million.
Viewings are strictly by appointment only & proof of funds will be required before any viewings occur.
Tenure: freehold
1. Money laundering regulations: Intending purchasers must produce identification documentation later. We would ask for your co-operation, so there will be no delay in agreeing on the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please get in touch with the office, and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only for general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any equipment or appliances on this property. Accordingly, we strongly advise prospective buyers to commission their survey or service reports before finalising their offer to purchase.
