5 bed block of flats

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5 bed block of flats

Hale End Road, Woodford Green IG8
£550,000

Our Summary

  • This well-positioned freehold unit offers a unique investment opportunity a very short walk from Highams Park Station, located within the desirable postcode of IG8 9LS
  • While the property requires a bit of work to reach its full potential, it offers substantial upside for any investor with vision
  • Given the current demand in the area and the scope for improvement, this property presents a low-risk investment with substantial potential for growth

Description

This freehold unit is a unique investment opportunity, located just a short walk from Highams Park Station in the desirable IG8 9LS postcode. The property consists of two self-contained flats, a two-bedroom on the first floor and a three-bedroom on the ground floor, which currently generate a rental income of £2,275 per month. While the property requires some work to reach its full potential, it offers substantial upside for investors with vision, with well-sized flats and a versatile layout. The surrounding area offers excellent connectivity, amenities, and green spaces, ensuring strong tenant demand and future growth, making this a low-risk investment with substantial potential for growth.