11 bedroom block of apartments for sale
Key information
Property description & features
- Tenure: Leasehold (863 years remaining)
A substantial property consisting of two adjoining buildings, comprising of 9 self-contained flats ( mix of studio, one bed & two beds ), held on one title, and producing circa £52,000 per annum.
Opportunity for rent increases as many tenants are long-standing and let at under market rate.
7 of the 9 apartments come with an EPC C rating. The property is double glazed, and majority of units have gas central heating. The two units with EPC D rating have electric heating.
The units are in good order although could benefit from some modernisation in part. Attached are photos for reference from a few of the units.
Further information, including income sheet and walk through videos, is available upon request.
The property is held on an 863-year lease (999 year from 1887) with a ground rent at £3.74 per annum.
Places of interest
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Property reference rF6mZtT7gQo. 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 Wolbrook James - Newham.
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Broadband availability and predicted speed: obtained from Ofcom on February 9, 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:
Basic: Up to 30 Mbit/s
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 9, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
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 April 19, 2023 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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