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Nine Room HMO for sale in IG8

PROPERTY TYPE

Semi-Detached

BEDROOMS

9

BATHROOMS

2

SIZE

1,399 sq ft

130 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

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

Description

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.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: D
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Nine Room HMO for sale in IG8

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About Nationwide Residential & Commercial Ltd, Essex

200 High Road, Woodford Green, Essex IG8 9EF

Moving is a busy and exciting time and we're here to make sure the experience goes as smoothly as possible by giving you all the help you need Under one roof.

The company has always used computer and internet technology, but the company's biggest strength is the genuinely warm, friendly and professional approach that we offer all of our clients.

Our record of success has been built upon a single-minded desire to provide our clients, with a top class personal service delivered by highly motivated and trained staff. A sign of this success is the fact that a large proportion of our business is from referrals, satisfied Clients who have recommended us to friends and family.

So, if you want professional help and advice on all aspects of moving home please contact us on the above number or call into our office.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£4,435
We think you can borrow up to
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Disclaimer - Property reference 724. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Nationwide Residential & Commercial Ltd, Essex. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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