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North Street, London, E13

£1,500,000
Reeds Rains, Plaistow
PROPERTY TYPE

Plot

SIZE

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Key features

  • Freehold opportunity of interest to investors
  • Selection of 4 flats and 1 house
  • Currently let on a combined rental of £5500pcm
  • Close to Plaistow station
  • Access to amenities / local shops
  • Contact agent for more information

Description

Of interest to developers and investors! A freehold unit with further development potential (STPP) , currently comprising: 3 x one bedroom flats, 1 x two bedroom flat and 1 x two storey two bedroom house.

This freehold opportunity is currently under-let and brings in a combined rental of £5500pcm - current market rents would achieve £7250pcm a yield of 5.6%

All units are let on individual ASTs with private tenants in place

Further improvement could be had with the formation on an extra unit in the airspace above (STPP)

Located within proximity of Plaistow underground station and within reach of the Plaistow Hub, this opportunity must be sold. Call into the office for further details.


IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our 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. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

PLA240155/2

Brochures

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North Street, London, E13

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Plaistow Station0.3 miles
  • Upton Park Station0.6 miles
  • West Ham Station0.9 miles

About Reeds Rains, Plaistow

286-288 Barking Road, London, E13 8HR
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

Established in 1868, Reeds Rains has over 150-years of expertise in selling and renting house. During that time our teams have never lost sight of the need for local expertise, building great relationships, being genuinely interested in our customers and getting the job done. It is the only way to provide great customer service and get the best price for your property.

As estate agents, Reeds Rains want to make sure things are straightforward for our customers. Whether you are selling or buying properties, we will be there every step of the way. Our lettings agents are there to make it easy to rent out a property or find your perfect rental home. We also aim to help you achieve your goals and get the job done.

You can trust an agent with over 150 years of expertise.

Notes

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Disclaimer - Property reference PLA240155. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Reeds Rains, Plaistow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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