About this home
Property Details: - Type: Detached house - Bedrooms: 7 - Bathrooms: 6
Agent: Luxe Residential - South Woodford Phone: 020 8128 1682
<p>An attractive and well-presented block of six self-contained flats situated on Apsley Road. The property offers a strong investment opportunity with excellent income potential and flexible letting options.<br/><br/>The accommodation comprises:<br/><br/>2 x Studio Flats<br/><br/>2 x 1-Bedroom Flats<br/><br/>1 x Large 1-Bedroom Flat<br/><br/>1 x 2-Bedroom Flat<br/><br/>Internally, the property has been modernised throughout, with bright and stylish living spaces, contemporary kitchens, and updated bathrooms (see photos). A rear courtyard provides additional outdoor space.<br/><br/>Currently, 3 of the 6 units are let on regular company AST agreements, while the remaining 3 are vacant, offering scope for immediate rental uplift.<br/><br/>With a potential gross income of £52,800 per annum and a yield of approximately 15%, this is a high-performing investment opportunity.<br/><br/>The property is suitable for both long-term residential lets and serviced accommodation, giving investors maximum flexibility in strategy.<br/>Communal Entrance Hall<br/><br/>Composite entrance door, stairs to first floor, locked under stairs storage cupboard, door to Flat 1, door to rear hallway. Rear hallway has a plant room containing Ideal Logic Plus gas boiler, upvc door to outside courtyard space with outside tap.<br/><br/>Covered Communal Laundry/Utility/Garage<br/><br/>Storage cupboards and wall units, washing machines, sink. Outside wc.<br/><br/>Ground Floor Flat 1 Hall<br/><br/>5'1" x 3'6" (1.55m x 1.09m)<br/><br/>Doors off to<br/><br/>Flat 1 Living Room<br/><br/>16'4" x 16'0" (5.00m x 4.88m)<br/><br/>Upvc double glazed bay window to front, built in TV and data points, feature fireplace with decorative tiled surround.<br/><br/>Flat 1 Kitchen<br/><br/>10'9" x 6'11" (3.30m x 2.11m)<br/><br/>Fitted with a range of wall and base units with roll edge worksurfaces over, inset electric hob with cooker hood over, built in electric oven, stainless steel sink and drainer with mixer tap, space for fridge/freezer, upvc double glazed window to rear.<br/><br/>Flat 1 Bedroom<br/><br/>15'3" x 11'1" (4.65m x 3.38m)<br/><br/>Built-in cupboard (access to stopcock), upvc double glazed door to rear<br/><br/></p>
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