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2 bedroom semi-detached house for sale
Verderers Road, Chigwell IG7
£405,000
Verderers Road, Chigwell IG7
£405,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
Description
This 2-bedroom semi-detached house in Chigwell is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features 2 bedrooms, a lounge, kitchen, ensuite, and garden space. Currently, it produces an annual gross income of £10,800, but with a new owner, this could increase to a market rate of £18,312 with long-term tenants already in place. The tenants have been living in the property for several years and have consistently paid their rent, with no intention to move out. With a purchase price that offers a worthwhile return on investment, this property is a great addition to any portfolio.