Terraced house for sale in Wood Lane, Dagenham RM8

Offers over £399,999
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Terraced house for sale - 4 bedrooms

4 2 2

Tenure:
Freehold
Council tax band:
Not available

Property features

  • 7.4% Yield
  • Close to Tube Stations
  • Investment opportunity
  • Mixed Use Freehold

Property description

Description

Frestons are delighted to market this profitable freehold mixed-use building in Dagenham, RM8.

Equidistant to Dagenham Heathway and Chadwell Heath stations, the property benefits from good footfall from Wood Lane.

The ground floor is currently rented for £1,000 pcm on an 8 year lease (with the next rent review within the year) and the current tenants paying the rateable value; with the top floor two bedroom flat tenants currently paying £1,450 pcm on an AST, with the current tenancy expiring in December 2024.

The ground floor retail unit (currently a barber shop) comprises the large retail space, kitchenette, WC and garden; with the upstairs two bedroom flat comprising two double bedrooms, bathroom, kitchen and living room.

Offered to market chain free, early viewings are highly recommended.

Tenure: Freehold

Tenure: Freehold

Property info

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For more information about this property, please contact
Frestons, EN5 on +44 20 8022 4001 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Frestons, and do not constitute property particulars. Please contact Frestons 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.

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