Opportunity to acquire the freehold of a 9 x Studio HMO on a completely rent scheme in Epping.

– Property is situated in a highly popular area in Epping.

– The outlook from the rear of the property is particularly pleasant & overlooking gardens.

– The property is having plenty of schools nearby within a distance of 2 minutes, The Football club is just a minute away, a 1-minute distance from the nearby station.

– The area also boasts a variety of leisure and facilities, The property has an excellent public transport connection.

– Affluent and highly desirable property located near Buckhurst Hill location.

– The vendor has recently refurbished the property to a very high standard.

– 9-bed HMO property- residential to sell.

– Gross area: 446 sqft Garden with front car parking for up to 5 cars (Total-3162 sqft).

– Entire property is completely on rent currently.

– Rental income: £96000 P.A (Rent can be increased to £104000 P.A as the 2 big rooms in downstairs can be converted into en-suite rooms and the top floor into a big room)

Potential Additional Income: There is an outbuilding at the back of the property with separate entrance of approx 450 sq.ft which can be used for commercial purposes like office space or storage space and can be let out for £12000 p.a. (NOT FOR RESEDENTIAL USE)

The vendor is seeking offers in the region of £1.4 million for the freehold interest.

For further information, please contact the BTC Commercial and Investment team on 0208 889 7474 or commercial@btcint.com.

Tenure: Freehold