Investment For Sale, Leytonstone
£500,000 Freehold
245 Cann Hall Road, Leytonstone, E11 3NL
Type
Investment
Status
Available
Size
1,346 sq ft
Key Features
- Freehold, comprising ground floor commercial and self-contained 2 bedroom flat
- Total Net Income of £29,240 with opportunity for improvement
- Commercial, with outstanding rent review Jan 2025
- Upper floor, 2 bed flat holding over on expired AST
Property Details
Mixed Commercial And Residential Freehold, In The A Mid-terrace In Cann Hall Road Opposite Buxton School. The Ground Floor Commercial Is Let On A Lease, Inside The Landlord & Tenant Act 1954, At A Passing Rent Of £12,500 Per Annum, With An Outstanding Rent Review From Jan 2025. The Upper Parts Are Arranged As A 2 Bedroom Flat, Producing £1,395pcm Holding Over On An Expired Ast. The Property Offers Asset Management Opportunities For Rental Growth Through Refurbishment.
Location
Strettons
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Strettons