5 bed block of flats

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5 bed block of flats

Hale End Road, Woodford Green IG8
£550,000

Our Summary

  • This well-positioned freehold unit offers a unique investment opportunity a very short walk from Highams Park Station, located within the desirable postcode of IG8 9LS
  • While the property requires a bit of work to reach its full potential, it offers substantial upside for any investor with vision
  • Given the current demand in the area and the scope for improvement, this property presents a low-risk investment with substantial potential for growth

Description

This freehold unit, located near Highams Park Station in the desirable IG8 9LS postcode, offers a unique investment opportunity. The property consists of two self-contained flats, a two-bedroom on the first floor and a three-bedroom on the ground floor, currently generating a rental income of £2,275 per month. While the property requires some work to reach its full potential, it presents a low-risk investment with substantial potential for growth, with the surrounding area offering excellent connectivity, amenities, and green spaces, ensuring strong tenant demand and future growth. With modest investment, the value of the property and its rental income could rise substantially, making it an attractive opportunity for savvy investors.