Whipps Cross Road, London E11 14 bed semi

>

Whipps Cross Road, London E11 14 bed semi

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.