586 Commercial Road, Limehouse E14 7JD

An income producing HMO seconds from Limehouse Station

Key Information

Location

Limehouse, E14

Planning Status

HMO

Price

£950,000

Description

Investment Opportunity

Contact

Matt Glazer

Data Room

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Overview

We have been appointed to invite offers for the freehold interest of the property in excess of £950,000, subject to contract.

The property comprises a four-storey, mid-terrace building containing six rooms plus a ground-floor apartment.

It is our understanding that the building is currently producing a gross income of approx. £64,560 per annum.

The building extends to approx. 2,158 square feet / 200.5 square metres.

The building is to be sold with the benefit of existing tenants, with the current monthly income broken down as follows:

> Room 1: £625.00
> Room 2: £460.00
> Room 3: £850.00
> Room 4: £750.00
> Room 5: £675.00
> Room 6: £670.00
> Flat 7: £1,350.00

The building is located seconds from Limehouse Station.

Viewings by appointment only – please contact a member of our team to arrange an inspection

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Investment Summary

  • Four-storey, mid-terrace building containing six rooms plus a ground-floor apartment
  • Producing a gross income of approx. £64,560 per annum
  • Approx. 2,158 square feet / 200.5 square metres
  • To be sold with the benefit of existing tenants
  • Located 200 feet from Limehouse Station

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