Property for sale
Key information
Features and description
- 5 Seperate Flats
- Period Property
- Maintained To A High Standard
- Walking Distance To Blackhorse Road Station
- Excellent transport links and a plethora of local amenities
Nestled in the vibrant area of Blackhorse Lane, London, this remarkable investment opportunity comprises five separate flats, each offering a unique charm and character. Currently, these flats are generating an impressive annual income of £63,600, making this property an attractive prospect for savvy investors seeking to expand their portfolio.
The location is ideal, with excellent transport links and a plethora of local amenities, ensuring that residents enjoy both convenience and comfort. Blackhorse Lane is known for its lively atmosphere, with a variety of shops, cafes, and parks nearby, appealing to a diverse range of tenants.
Each flat has been thoughtfully designed to maximise space and light, providing a welcoming environment for occupants. The property is well-maintained, ensuring that it remains a desirable choice for renters. This investment not only promises a steady income but also the potential for capital appreciation in a thriving area of London.
With its strong rental yield and the opportunity for future growth, this property is a rare find in the current market. Whether you are an experienced investor or looking to make your first foray into property investment, this collection of flats on Blackhorse Lane presents a compelling opportunity that should not be overlooked.
Please note we have no inspected this property.
Rooms
Location
This location offers a plethora of choices for exploring the captivating landmarks of Walthamstow. Just a brief four-minute stroll from the residence unveils the splendour and botanical wonders of Higham Hill Park. Here, you can make use of tennis and basketball courts, a children's play area, and a community café. The recently renovated Cheney Row Park, reopened in May 2019, is also within easy reach—a brisk 13-minute walk or a quick 4-minute bike ride away. This park boasts a nature-themed play area for children, an outdoor amphitheatre, enhanced natural zones for plants and wildlife, and much more.
Location
For those seeking a slightly more distant adventure, a 15-minute walk or a 6-minute bike ride takes you to London's largest nature reserve, the 500-acre Green Flag award-winning Walthamstow Wetlands. Here, you can enjoy walking trails, bike rides, and immerse yourself in picturesque scenery. Essential amenities are conveniently close, with the Higham Hill Road Co-op and post office just a short walk from your front door. Indulge in a delightful Sunday roast at the tavern on the hill or savour an excellent Chinese takeaway from Phoenix on Higham Hill Road.
Location
Transportation options abound, with five bus stops within 0.24 miles of your front door, offering a diverse range of travel destinations. Walthamstow Central and Blackhorse Road stations are 1.04 miles and 0.67 miles from the property, respectively, providing both underground and overground transport choices. Lastly, a wealth of nursery, primary, and secondary schools lie within a 0.39-mile radius, all boasting good to outstanding Ofsted ratings.
Accommodation
Flat 1
Open Plan Kitchen/Living Room- 17'8 x 14'3
Bedroom One - 10'7 x 8'11
Bedroom Two- 8'11 x 5'11
Shower Room
Flat 3
Kitchen- 7'11 x 6'11
Lounge- 16'9 x 10'6
Bedroom- 14'3 x 10'7
Bathroom
Court Yard
Flat 4
Open Planned Kitchen/ Lounge - 14'6 x 14'2
Bedroom One - 7'2 x 8'2
Bedroom Two - 7'2 x 8'9
Bathroom- 5'1 x 6'0
Flat 5
Open Plan Kitchen/Lounge- 13'10 x 17'10
Bedroom - 7'10 x 10'0
Bathroom - 7'7 x 7'3
Tenure
Freehold. Title number NGL38741
Council tax
Council tax band A, B, B, B.
EPC
Available upon request ( Rating C )
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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