Property photos
Offers over
£1,775,000
(£582.16/sq. ft)
Block of flats for sale
Mawney Road, Romford RM73,049 sq. ft
Local area information
Property location
Nearby amenities
- Parklands Junior School 0.5 miles
- Parklands Infant School 0.5 miles
- Romford 1 mile
- Gidea Park 1.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
A local authority let residential investment opportunity.
• Two recently converted houses that have been fully refurbished throughout.
• Number 177 provides 6 self-contained studios with an additional office across 1,467 sqft of accommodation.
• Number 179 provides 6 self-contained studios with an additional lounge and communal kitchen across 1,582 sqft of accommodation.
• Total gia across the two buildings 3,049 sqft.
• Both buildings benefit from C3 use.
• All flats are EPC Rating C.
• Recently let to The London Borough of Havering on a 2 year lease with no breaks.
• Current passing rent £199,680 p.a.
• Freehold.
• Offers in excess of £1,775,000 (One Million, Seven Hundred and Seventy Five Thousand Pounds) subject to contract. A purchase at this level will reflect a highly attractive gross initial yield of 11.25%.
• Two recently converted houses that have been fully refurbished throughout.
• Number 177 provides 6 self-contained studios with an additional office across 1,467 sqft of accommodation.
• Number 179 provides 6 self-contained studios with an additional lounge and communal kitchen across 1,582 sqft of accommodation.
• Total gia across the two buildings 3,049 sqft.
• Both buildings benefit from C3 use.
• All flats are EPC Rating C.
• Recently let to The London Borough of Havering on a 2 year lease with no breaks.
• Current passing rent £199,680 p.a.
• Freehold.
• Offers in excess of £1,775,000 (One Million, Seven Hundred and Seventy Five Thousand Pounds) subject to contract. A purchase at this level will reflect a highly attractive gross initial yield of 11.25%.
Floor plans and tours
Floor plans (2)
2 floor plans available
View the floor plans to understand the space and layout of this property.
More information
Listed by
Estate Office
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