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Collier Row Road, Romford, RM5

PROPERTY TYPE

Flat

BEDROOMS

3

BATHROOMS

1

SIZE

818 sq ft

76 sq m

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

Key features

  • 3 bed apartment
  • Leasehold, 116 years left on the lease
  • Service charge £200 per annum
  • Ground rent £0
  • EPC - C
  • Council tax band - C
  • No Chain

Description

Please Quote LB1153 For all Enquiries

 

TENANT IN SITU – INVESTMENT OPPORTUNITY 

Spacious 3-Bedroom Split-Level Maisonette 

 

This spacious first-floor split-level three-bedroom maisonette in the heart of Collier Row presents an excellent investment opportunity, being sold with a tenant already in situ.

The property provides generous accommodation arranged over two floors and is currently producing healthy rental income per calendar month through a local letting agency. There may be potential to increase the rental income through self-management, subject to the tenancy and current market conditions.

The property benefits from a bright open-plan reception and dining area, fitted kitchen, three bedrooms, family bathroom and additional storage. Located above a tile and bathroom showroom, the property is conveniently positioned close to local amenities, schools, parks and transport links.

 

 

Property Accommodation

  • 3 bedrooms – one double, one medium and one box room
  • Open-plan reception and dining room
  • Kitchen
  • Family bathroom with WC
  • Additional cloakroom
  • Utility cupboard with washing machine
  • Cloakroom cupboard
  • Under-stairs storage cupboard
  • Small loft space providing additional storage

 

 

Key Investment & Property Details

 

  • Tenant in situ: rented via local letting agency
  • Current rent: Please ask the agent. (Potential to achieve a higher rent through self-management, subject to market conditions and tenancy arrangement)
  • Leasehold – approximately 115 years remaining
  • Ground rent: £0
  • Service charge: £200 per annum
  • Building insurance: approximately £296 per annum
  • EPC Rating: C
  • Council Tax Band: C (£2,056 per annum)
  • Approximate floor area: 818 sq ft / 76 sqm
  • No allocated parking
  • Small loft space for additional storage
  • Gas central heating
  • Double glazing throughout
  • Main entrance from the side of the property
  • Floorplan available

 

 

Nearby Schools & Universities

  • 0.8 miles – Bower Park Academy
  • 1.1 miles – Oasis Academy Pinewood
  • 3.1 miles – Hilldene School
  • 4.2 miles – CU University
  • 5.0 miles – Emerson Park Academy
  • 2.89 miles – London International University

 

 

Transport Links

  • 0.4 miles – Melville Road Bus Stop
  • 3.9 miles – Hainault Underground Station
  • 4.0 miles – Gidea Park/Grange Hill Train Station*
  • 3.9 miles – Fairlop Underground Station

 

 

Leisure & Shopping

  • 0.7 miles – Collier Row Recreation Ground
  • 0.9 miles – Lawns Park
  • 2.4 miles – Liberty Shopping Centre
  • 3.1 miles – Mercury Shopping Centre

 

 

Please quote LB1153 for all enquiries.

Floor plan measurements are approximate and for illustrative purposes only. While we do not doubt the accuracy or completeness of the floor plan, prospective purchasers and their advisors should conduct their own independent investigation of the property and measurements.

 

 

 

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: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
No parking
GARDENA property has access to an outdoor space, which could be private or shared.
Patio
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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Collier Row Road, Romford, RM5

Approximate location

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Affordability

Monthly repayments£1,208
Property: £ 240,000
Deposit: £ 24,000
Interest rate: 5.36%
Term: 30 years
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Renovation potential
Recently sold & under offer
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Disclaimer - Property reference S1877070. 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 eXp UK, London. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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