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House For Sale £800,000
Greenstead Avenue, Woodford Green, Greater London IG8


Description
Fantastic Investment Opportunity

This substantial building has been arranged into a 9-bedroom HMO (House of Multiple Occupancy). It is located in Woodford allowing access into London via the Central Line, and close to the road network with the North Circular and M11 motorway in close proximity.

Each of the 9 rooms has a kitchenette area and shower, with a shared WC on each floor and a communal utility area with a washing machine.

Approximate floor areas are as follows:

Studio A 10.66 sq m
Studio B 14.85 sq m
Studio C 7.48 sq m
Studio D 9.24 sq m
Studio E 11.10 sq m
Studio F 8.08 sq m
Studio G 12.11 sq m
Studio H 10.69 sq m
Studio J 10.17 sq m

With 8 of the 9 rooms currently let, an annual income of £40,596 is currently received however if fully relet today we would anticipate a higher income of around £80k

Follow the link for more information: 
        
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