Block of flats for sale in Portway, London E15

Investment Consideration:
Gross Initial Yield: 4.10%
Rental Income: £286,920 p.a.
VAT is not applicable to this property
Comprises residential block of 14 dwellings including 5 x 1-Bed, 5 x 2-Bed, 3 x 3-Bed Apartments and 1 x 2-Bed House arranged over basement, ground, first, second and mezzanine floors
Total Residential gia: 1,055 sq m (11,357 sq ft)
House benefit from two private gardens at front and rear
Residential flats benefit from two communal gardens
Developed to a very high standard featuring highly efficient electrical boilers with heating distributed by high gloss flat panel radiators, LED spot-lights throughout, entry phone system, vinyl wood strip flooring, luxury carpets to bedrooms and more
Situated within quick bus ride or walk from Stratford Train and Underground Station, as well as Westfield Shopping Centre
Stratford Station provides direct links to Canary Wharf (10 min) Liverpool Street (10min), London Bridge (15 min) and more.

Property Description:
Comprises residential block of 14 dwellings (C3) and consist of 5 x 1-Bed, 5 x 2-Bed, 3 x 3-Bed Apartments and 1 x 2-Bed House. The units are split between basement, ground, first, second floor and mezzanine (11 units are duplex) and have been developed to a very high standard. The complex features two communal gardens with two private gardens and provides the following accommodation and dimensions:

Ground Floor:
Unit 1: 1-Bed Apartment 43.5 sq m (468 sq ft)

Basement/Ground Floor:
Unit 11: 3-Bed Apartment 109 sq m (1,173 sq ft)
Unit 12: 3-Bed Apartment 97 sq m (1,044 sq ft)
Unit 13: 3-Bed Apartment 110 sq m (1,184 sq ft)
Unit 14: 2-Bed Apartment 89 sq m (958 sq ft)

Ground/First Floor:
Unit 10: 2-Bed House 82 sq m (883 sq ft)

First Floor:
Unit 2: 1-Bed Apartment 43.5 sq m (468 sq ft)

First Floor/Mezzanine:
Unit 3: 2-Bed Apartment 68.5 sq m (738 sq ft)
Unit 4: 1-Bed Apartment 61 sq m (656 sq ft)
Unit 5: 2-Bed Apartment 77 sq m (829 sq ft)
Unit 6: 2-Bed Apartment 93.5 sq m (1,007 sq ft)
Unit 7: 2-Bed Apartment 72 sq m (775 sq ft)

Second Floor:
Unit 8: 1-Bed Apartment 44.5 sq m (479 sq ft)

Second Floor/Mezzanine:
Unit 9: 1-Bed Apartment 64.5 sq m (695 sq ft)

Total Residential gia: 1,055 sq m (11,357 sq ft)

Location:
Stratford is situated 6 miles east-northeast of Charing Cross and includes the localities of Maryland and East Village. The property is situated within quick bus ride or walk from Stratford Train and Underground Station, as well as Westfield Shopping Centre. Bus stations are located opposite next to the property. Stratford Station provides direct links to Canary Wharf (10 min) Liverpool Street (10min), London Bridge (15 min) and more. Occupiers nearby include barber, convenience store, café, takeaway and garden centre, amongst others.