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Whipps Cross Road, London E11 14 bed semi
Whipps Cross Road, London E11
£3,000,000
Whipps Cross Road, London E11
£3,000,000
Our Summary
- There is clear scope to enhance the total rental income by approximately 10%–20%
- The building also presents strong potential for capital growth, given its location and continued regeneration in the surrounding area
Description
This freehold investment property, valued at £3,000,000, is comprised of eight self-contained apartments in a Victorian period building located opposite Hollow Ponds and Epping Forest. The property was converted from a bed and breakfast into apartments in 2011 and is currently fully occupied, with potential to increase rental income by 10-20% through modest rent increases. The building also presents strong potential for capital growth due to its location and ongoing regeneration in the surrounding area. The property is available in a special purpose vehicle (SPV), which reduces the stamp duty liability from £423,750 to just £15,000.