Block of flats for sale in Well Hall Parade, London SE9, £530,000

530,000.00

Offer Nr.:
65666397
Type of ad:
for Sale
Property type:
Block of flats
Contact name:
Countrywide Commercial
Phone(s):
020 3641 1628

* High yielding HMO
* 6 X doubles with ensuites
* Net income of £53, 349 pax
* £520, 000 (9. 7% net yield)
* Next to eltham station
* Excellent condition
Location
The property is 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 floors comprising 6 double rooms all with their own ensuite
shower facilities and shared WC’s 2 per floor.
Floor Plans available upon request
Current Net Rental income - £53, 349 pax
(Full detailed schedule available upon request)
Tenure
Leasehold – Held on a long leasehold title for 199 - years from 2015.
Price
Guide Price £520, 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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