Collier Row Road, Romford RM5

Property Details: - Type: Flat - Bedrooms: 3 - Bathrooms: 1

Agent: eXp UK - London Phone: 020 3641 0463

<p><strong>Please Quote LB1153 For all Enquiries</strong></p><p> </p><p>TENANT IN SITU – INVESTMENT OPPORTUNITY </p><p>Spacious 3-Bedroom Split-Level Maisonette </p><p> </p><p>This spacious first-floor split-level three-bedroom maisonette in the heart of Collier Row presents an excellent investment opportunity, <strong>being sold with a tenant already in situ</strong>.</p><p>The property provides generous accommodation arranged over two floors and is currently producing healthy rental income per calendar month through a local letting agency. There may be potential to increase the rental income through self-management, subject to the tenancy and current market conditions.</p><p>The property benefits from a bright open-plan reception and dining area, fitted kitchen, three bedrooms, family bathroom and additional storage. Located above a tile and bathroom showroom, the property is conveniently positioned close to local amenities, schools, parks and transport links.</p><p> </p><p><strong>Property Accommodation</strong></p><ul><li>3 bedrooms – one double, one medium and one box room</li><li>Open-plan reception and dining room</li><li>Kitchen</li><li>Family bathroom with WC</li><li>Additional cloakroom</li><li>Utility cupboard with washing machine</li><li>Cloakroom cupboard</li><li>Under-stairs storage cupboard</li><li>Small loft space providing additional storage</li></ul><p> </p><p><strong>Key Investment & Property Details</strong></p><p> </p><ul><li>Tenant in situ: rented via local letting agency</li><li>Current rent: Please ask the agent. (Potential to achieve a higher rent through self-management, subject to market conditions and tenancy arrangement)</li><li>Leasehold – approximately 115 years remaining</li><li>Ground rent: £0</li><li>Service charge: £200 per annum</li><li>Building insurance: approximately £296 per annum</li><li>EPC Rating: C</li><li>Council Tax Band: C (£2,056 per annum)</li><li>Approximate floor area: 818 sq ft / 76 sqm</li><li>No allocated parking</li><li>Small loft space for additional storage</li><li>Gas central heating</li><li>Double glazing throughout</li><li>Main entrance from the side of the property</li><li>Floorplan available</li></ul><p> </p><p><strong>Nearby Schools & Universities</strong></p><ul><li>0.8 miles – Bower Park Academy</li><li>1.1 miles – Oasis Academy Pinewood</li><li>3.1 miles – Hilldene School</li><li>4.2 miles – CU University</li><li>5.0 miles – Emerson Park Academy</li><li>2.89 miles – London International University</li></ul><p> </p><p><strong>Transport Links</strong></p><ul><li>0.4 miles – Melville Road Bus Stop</li><li>3.9 miles – Hainault Underground Station</li><li>4.0 miles – Gidea Park/Grange Hill Train Station*</li><li>3.9 miles – Fairlop Underground Station</li></ul><p> </p><p><strong>Leisure & Shopping</strong></p><ul><li>0.7 miles – Collier Row Recreation Ground</li><li>0.9 miles – Lawns Park</li><li>2.4 miles – Liberty Shopping Centre</li><li>3.1 miles – Mercury Shopping Centre</li></ul><p> </p><p><strong>Please quote LB1153 for all enquiries.</strong></p><p>Floor plan measurements are approximate and for illustrative purposes only. While we do not doubt the accuracy or completeness of the floor plan, prospective purchasers and their advisors should conduct their own independent investigation of the property and measurements.</p><p> </p>