Main image of  Land/Plot for sale, North Street, London, E13
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£1,300,000 Asking price

Land/Plot for sale,
North Street, London, E13

Elliot Muharrem Branch Manager
Elliot Muharrem
Branch Partner
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Features and Description

  • Freehold opportunity of interest to investors
  • Selection of 4 flats and 1 house
  • Currently let on a combined rental of £5500pcm
  • Close to Plaistow station
  • Access to amenities / local shops
  • Contact agent for more information

Of interest to developers and investors! A freehold unit with further development potential (STPP) , currently comprising: 3 x one bedroom flats, 1 x two bedroom flat and 1 x two storey two bedroom house.

This freehold opportunity is currently under-let and brings in a combined rental of £5500pcm - current market rents would achieve £7250pcm a yield of 5.6%

All units are let on individual ASTs with private tenants in place

Further improvement could be had with the formation on an extra unit in the airspace above (STPP)

Located within proximity of Plaistow underground station and within reach of the Plaistow Hub, this opportunity must be sold. Call into the office for further details.

IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

North Street, London, E13

Additional Information

  • Property ref
    PLA240155
  • Tenure
    Freehold
Elliot Muharrem Branch Manager
Elliot Muharrem
Branch Partner

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Reeds Rains Estate Agents Plaistow

Plaistow Branch Manager
Reeds Rains Plaistow
286-288 Barking Road, Plaistow, E13 8HR
Mon - Fri09:00 - 18:00Saturday09:00 - 16:00SundayClosed
Disabled access available

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Borrowing £1,170,000 and repaying over 25 years with a 2.5% interest rate.

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This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.

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Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A