This property is no longer on the market
5 bedroom terraced house
Key information
Property description & features
- Tenure: Freehold
- FOR SALE BY AUCTION 20TH March. UNLESS SOLD PRIOR, SUBJECT TO All AUCTION CONDITIONS, AS PER THE LEGAL PACK.
- Auction Finance Available By Request
- Formally rented as a house in multiple occupation, to London professionals
- Viewings: By appointment only.
- Combined annual income was £67,800, circa 9.7% gross yield
- Turn key ready. Vacant Possession
- Excellent Location
- Superb investment opportunity offering excellent potential yield, and generous future capital grow
- Full HMO management service available if required
- Full Auction legal Pack Available on Request
A modern terraced house. Circa 1500 square feet. A superb investment opportunity offering excellent potential yield, and significant capital growth. Formally rented as a house in multiple occupation, to London professionals. Combined potential annual income of £67,800, circa 9.7% gross yield.
ACCOMMODATION:
Circa 1500 square feet, 138 square metres.
Ground floor; entrance hall, WC, kitchen breakfast room, bedroom 5.
First floor; bedroom 2 & 3, bathroom.
Second floor; bedrooms 1 & 4, bathroom.
Top floor; reception room, roof terrace.
Outside; private patio/ garden.
24-hour concierge, gymnasium, swimming pool and a games room.
Formally rented as a house in multiple occupation, to London professionals. Combined annual income of £67,800, circa 9.7% gross yield.
Room Pricing:
Room 1 (Second Floor, Front, En-suite) : £1,300.00
Room 2 (First Floor, Front) : £1,200.00
Room 3 (First Floor, Back) : £1,100.00
Room 4 (Second Floor, Back) : £1,100.00
Room 5 (Ground Floor) : £950.00
LOCATION:
Situated on the banks of the River Thames, is the modern development with 24-hour concierge, gymnasium, swimming pool and a games room. Ideally located for Island Gardens DLR, Millwall Park and the Greenwich Foot Tunnel. Located close to Canary Wharf with its fabulous shopping centre, bars and restaurants. The Isle of Dogs is a large peninsula bounded on three sides by a large meander in the River Thames in East London, England, which includes the Cubitt Town, Millwall and Canary Wharf districts. The area was historically part of the Manor, Hamlet, Parish and, for a time, the wider borough of Poplar. The name had no official status until the 1987 creation of the Isle of Dogs Neighbourhood by Tower Hamlets London Borough Council. It has been known locally as simply "the Island" since the 19th century.
VIEWING:
By appointment only.
TENURE:
Freehold.
UNCONDITIONAL LOT:
Auction Fees apply, upon the fall of the gavel, as per the auction legal pack. The highest bidder, will also pay a deposit of 5% (minimum £5,000) of the hammer price and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the day of auction (unless otherwise stated in the legal pack).
Places of interest
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Property reference CCM-76786484. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Connect UK Auctions - Crawley.
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Broadband availability and predicted speed: obtained from Ofcom on February 23, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on February 23, 2022
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on July 12, 2020 from 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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