9 bedroom house of multiple occupation for saleSprowston Road, Forest Gate, London, E7 9AD
Sale by Tender
- Freehold Investment Opportunity
- Development Potential STP
- 9 Bed HMO
- Excellent Transport Links
- Arranged over Three Storeys
- Yield of 5% with scope to improve
- Annual Rent from £55,000 per annum
- Served by a Wealth of Local Amenities
Humphrey and Co Estates presents this Victorian 9 Bed HMO arranged over three storeys with potential to further convert and add additional value to the current rental income.
This HMO is currently fully let out to private tenants and is currently receiving rent in the region of £55,000 per annum thus producing a rental yield of approximately 5% Fees Apply*
Located on a quiet tree lined road whilst allowing easy access to local transport and shopping facilities of Romford Road, Woodgrange Road, Forest Gate Station and Wanstead Park Station. Forest Gates lies approximately 1.5 miles from Stratford Olympic Park and Westfield Stratford City and 2.5 miles west of Ilford Town Centre and benefits from good road links to the North Circular Road and the A12.
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