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£950,000

Greenstead Avenue, Woodford Green, IG8

  • 9 beds
Semi-detached house

£950,000

  • 9 beds
Semi-detached house
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Estimate monthly mortgage payment:

£4,337 per month

Minimum deposit amount:

£47,500
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Nationwide Residential & Commercial are favoured with instructions to sell this House in Multiple Occupation (HMO) with 9 rooms in Woodford Green - For Sale Freehold

Location
The premises are situated within a quite residential area at the junction with Langford�Road.�

Both the M11 Motorway and the A406 North Circular Road s well as Woodford Central�Line station are within easy reach.

Accommodation
Comprising an end terraced house with 9 Licensed�rooms, a fully fitted communal kitchen and a rear garden. There is potential for off street parking�to the front for 3 cars.

Each room is fully furnished and has its own shower cubicle and sink. The premises are electric�only and each room is separately�metered.� The landlord pays the water bill, council tax and electric for the hallway and kitchen.

There is a shared w/c on each floor and a utility area with a�washing machine�for the tenants use.

Approximate floor areas are as follows:
Room�A� 10.66 sq m
Room B� 14.85 sq m
Room C� � 7.48 sq m
Room D� � 9.24 sq m
Room E� 11.10 sq m
Room F� � 8.08 sq m
Room G� 12.11 sq m
Room H� 10.69 sq m
Room J� �10.17 sq m

Rental Income�
Currently all of the rooms are let and producing a total income of £58,128 per annum.

Tenure
Freehold.

Guide Price
£925,000, subject to contract.

Council Tax
Listed as band D with Redbridge Council at�£2,089.87 payable for 2024/2025.

Legal Costs
Each party to pay their own.� However, the landlord will require an undertaking�for their�abortive costs in the event that the proposed tenant withdraws from the transaction once�the process has started.

Viewing
Strictly by prior arrangement via the landlords agent Nationwide Residential & Commercial on 020 3096 1496. - Please note, that proof of funds must be shown to the agent before a viewing can be arranged.

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£4,337 per month
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Stamp Duty tax
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£36,250
Mortgage and legal costs:
£999
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