Block of flats for sale in Well Hall Parade, London SE9, £1,100,000

1,100,000.00

Offer Nr.:
65666267
Type of ad:
for Sale
Property type:
Block of flats
Contact name:
Countrywide Commercial
Phone(s):
020 3641 1628

* High yielding HMO
* 1 x 2 Bed Flat, 3 x Studio & 8 x Double en Suites, Shower facilities
* Fully let
* Next to eltham station
* Net £11, 097 pax
* £1, 100, 000 (9. 7% net yield)
Location
The 2 properties are located on Well Hall Parade close to the junction of Well
Hall Road (A208) and within 250 yards of Eltham Railway Station with direct
trains to Central London. Eltham High Street is within a mile to the south and
Woolwich is 2 miles to the North. The area has good transport links with
numerous bus routes using Well Hall Road, the A2 and South Circular being
approx. Half a mile away.
Accommodation & Tenancy Information
Arranged over 2 property addresses with a mixture of rooms ranging from: -
1 x 2 Bed flat, 3 x Studio & 8 x Double en suites shoer facilities, there are
also separate shared kitchens & WC’s within each property.
Floor Plans available upon request
Current Combined Net Rental income - £111, 097 pax
(Full detailed schedule available upon request)
Tenure
Leasehold - Each of the 2 property addresses are held on separate long
leasehold titles for 199 - years from 2015.
(N. b Freehold may also be available to include 2 x commercial units of 13 & 14
Well Hall Parade)
Price
Guide Price £1, 100, 000 subject to contract (9. 7% Net Yield)
Anti - Money Laundering
Due to the recent changes in the Anti money laundering regulations, it is now
standard procedure to undertake a Personal and Company general aml checks.
Legal Fees
Each Party to pay their own costs.

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