Flat for sale in Grosvenor Road, Ilford IG1
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Property features
- Portfolio of 29 flats, spread across ten freehold properties
- Situated in Ilford, Romford & Leytonstone
- Fully Occupied
- Generating in excess of £500,000 annually
- Stamp duty relief, with only 0.5% stamp duty payable
Property description
Calibre Acquire is proud to offer an unparalleled investment opportunity in the form of a portfolio of twenty-nine flats, spread across ten freehold properties in the sought-after locations of Ilford, Romford, and Leytonstone. This collection of properties stands as a testament to stability and long-term tenant loyalty, with the majority of the flats being home to the same tenants for five years or more.
Each flat within this portfolio is fully occupied, ensuring a consistent and robust income stream, with the added benefit of zero rent arrears. Such a feature highlights the reliability of the investment and the quality of tenant relationships established.
Significantly, this portfolio is offered for sale under a special purchase vehicle. This arrangement brings with it considerable financial advantages, including the inheritance of a preferential low mortgage rate of 2.95% for 75% of the mortgages. Additionally, purchasers will benefit from substantial stamp duty relief, with on
Calibre Acquire is proud to offer an unparalleled investment opportunity in the form of a portfolio of twenty-nine flats, spread across ten freehold properties in the sought-after locations of Ilford, Romford, and Leytonstone. This collection of properties stands as a testament to stability and long-term tenant loyalty, with the majority of the flats being home to the same tenants for five years or more.
Each flat within this portfolio is fully occupied, ensuring a consistent and robust income stream, with the added benefit of zero rent arrears. Such a feature highlights the reliability of the investment and the quality of tenant relationships established.
Significantly, this portfolio is offered for sale under a special purchase vehicle. This arrangement brings with it considerable financial advantages, including the inheritance of a preferential low mortgage rate of 2.95% for 75% of the mortgages. Additionally, purchasers will benefit from substantial stamp duty relief, with only 0.5% stamp duty payable on the acquisition.
For further details and to explore this rare investment opportunity, please contact us.
Property info
For more information about this property, please contact
Calibre Estates, E1 on +44 20 8115 6699 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Calibre Estates, and do not constitute property particulars. Please contact Calibre Estates for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.