Nationwide Residential & Commercial are favoured with instructions to sell this House in Multiple Occupation (HMO) with 9 rooms in Woodford Green - For Sale Freehold

Location
The premises are situated within a quite residential area at the junction with Langford Road. 

Both the M11 Motorway and the A406 North Circular Road s well as Woodford Central Line station are within easy reach.

Accommodation
Comprising an end terraced house with 9 Licensed rooms and a fully fitted communal kitchen. There is off street parking to the front for 3 cars and a rear garden.

Each room is fully furnished and has its own shower cubicle and sink. The premises are electric only and each room is separately metered.  The landlord pays the water bill, council tax and electric for the hallway and kitchen.

There is a shared w/c on each floor and a utility area with a washing machine for the tenants use.

Approximate floor areas are as follows:
Room A  10.66 sq m
Room B  14.85 sq m
Room C    7.48 sq m
Room D    9.24 sq m
Room E  11.10 sq m
Room F    8.08 sq m
Room G  12.11 sq m
Room H  10.69 sq m
Room J   10.17 sq m

Rental Income 
Currently all of the rooms are let and producing a total income of £58,128 per annum.

Tenure
Freehold.

Guide Price
£925,000, subject to contract.

Council Tax
Listed as band D with Redbridge Council at £2,089.87 payable for 2024/2025.

Legal Costs
Each party to pay their own.  However, the landlord will require an undertaking for their abortive costs in the event that the proposed tenant withdraws from the transaction once the process has started.

Viewing
Strictly by prior arrangement via the landlords agent Nationwide Residential & Commercial on 020 3096 1496. - Please note, that proof of funds must be shown to the agent before a viewing can be arranged. 

Under the Property Misdescription Act 1991 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers.

Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify you financial position before we can recommend any offer to the vendor.