chalk street estate agents

Balgores Lane, Gidea Park, RM2

£350,000 | Sold STC

Features

bedrooms4 bedrooms
bathrooms1 bathroom
receptions1 reception
  • Four Bedrooms
  • HMO Investment Opportunity, 6.8% Yield
  • Kitchen / Dining Room
  • 2 W/C's and Separate Bathroom
  • Private Entrance & Garden
  • Double Garage
  • Duplex Maisonette
  • Just Yards from Gidea Park Crossrail Station
  • No Onward Chain
  • 78 Years Lease

Additional Information

  • Stamp Duty: £7,500
  • Tenure: Leasehold

Nearest Train Stations
  • Gidea Park (0.1 miles)
  • Romford (1 miles)
  • Emerson Park (1.1 miles)
Nearest Tube Stations
  • Hornchurch (3.1 miles)
  • Upminster Bridge (3.3 miles)
  • Elm Park (3.5 miles)

Property Description

Offering an attractive investment opportunity is this unique, four bedroom duplex maisonette, just yards away from Gidea Park Crossrail Station. The property benefits from having two W/C's, separate bathroom, kitchen / dining area, private garden, own access and double garage.

Being sold with tenants in situ, the property is currently arranged as a 4 bedroom, 5 occupant registered HMO with a combined annual rental income of £24,000 per annum.

According to the current owner, the lease currently has 78 years remaining and the service charge and ground rent is currently £237 combined per year.


Entrance Hallway

Kitchen / Dining Room (16' 4'' x 10' 0'' (4.97m x 3.05m) max.)

Cloakroom

First Floor Landing

Bedroom One (14' 8'' x 13' 11'' (4.47m x 4.24m) into bay)

Bedroom Two (14' 6'' x 12' 0'' (4.42m x 3.65m))

Bedroom Three (11' 8'' x 7' 4'' (3.55m x 2.23m))

Bedroom Four (8' 2'' x 7' 6'' (2.49m x 2.28m) max.)

Bathroom

Garden (28' 11'' x 26' 10'' (8.81m x 8.17m))

Detached Double Garage (15' 8'' x 14' 5'' (4.77m x 4.39m))

Call our Havering Office on 01708 922837 for more information or to arrange a viewing.