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.


Similar Properties

  • Ulting Way, Wickford, SS11

    Offers Over £375,000 Sold STC
    Decorated to an impeccable standard is this 4 bedroom end of terrace family home. Every detail has been carefully selected by the current owners with high quality finishes, flooring, beautiful decor and elegant furnishing. Ideal for those looking for a home in walk in condition, no detail has be...
  • Swallow Walk, Hornchurch, RM12

    Offers Over £350,000 For Sale
    Offered for sale with the added advantage of no onward chain, within walking distance to several high performing local schools and 0.7 miles from Elm Park Underground station is this 4 bedroom terraced house. Upon entering the home, you are greeted with an entrance hallway with stairs rising to the...