£550,000
5 bed block of flats for saleHale End Road, Woodford Green IG8
5 beds
2 baths
2 receptions
EPC Rating: C
- Freehold
Right Step Property Group
.png)
About this property
Freehold
Trhee minute walk to Highams Park Station
Good return on Investment
Five bedrooms total
Currently tenanted
This well-positioned freehold unit offers a unique investment opportunity a very short walk from Highams Park Station, located within the desirable postcode of IG8 9LS. The property consists of two self-contained flats: A two-bedroom flat on the first floor and a three-bedroom flat on the ground floor. Currently achieving a rental income of £2,275 per calendar month, this property presents an ideal investment for those seeking long-term capital growth and a steady rental yield.
While the property requires a bit of work to reach its full potential, it offers substantial upside for any investor with vision. The flats are well-sized and benefit from a versatile layout, and the surrounding area offers excellent connectivity, amenities, and green spaces, ensuring strong tenant demand and future growth.
Given the current demand in the area and the scope for improvement, this property presents a low-risk investment with substantial potential for growth. With modest investment, the value of the property and its rental income could rise substantially, making this an attractive opportunity for savvy investors
Disclaimer
Declaration: We endeavour to make our marketing particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. All measurements have been taken as a guide to prospective applicants only and are not precise.
A.M.L. Regulations: In accordance with legal requirements, we are obligated to perform Anti-Money Laundering (aml) checks for all parties involved in property transactions. Our partners, Movebutler will conduct the initial aml checks on our behalf. Once your offer has been deemed acceptable, Movebutler will reach out to you to initiate the necessary cover the costs associated with data collection, manual verification, and ongoing monitoring, a non-refundable fee of £20 (inclusive of VAT) per buyer is applicable. This fee should be paid directly to Movebutler. It is essential to complete all aml checks before your offer can be formally accepted
Zoopla insights
Sign in and gain expert analysis to make informed decisions
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.