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Agent's details

77 Wellington Road, 77 Wellington Road

For sale: £600,000.00|1,441 Sq Ft|General Retail, Residential, Retail

Property details

FOR SALE£600,000.00
SIZE1,441 Sq Ft
ADDRESS77 Wellington Road, 77 Wellington Road, London, E7 9BY
TYPEGeneral Retail, Residential, Retail
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON10th December 2020

Description

Key Points

  • Freehold - including retail shop and 1 bed room flat
  • East London mixed use investment opportunity
  • Floor areas: Retail shop 894 sq ft ground floor and 275 sq ft basement storage
  • 1 bed room flat 547 sq ft
  • Summary

    Retail/Residential Freehold with Income

    Location

    The building is located in a residential location on the junction of Wellington Road and Waterloo Road. Both Wanstead Park (London Overground) and Forest Gate (National Rail/Crossrail) train stations are within 10 minutes walk

    Specifications

    Freehold - including retail shop and 1 bed room flat East London mixed use investment opportunity £15,600 per annum A1 Retail income on a 6 year lease £11,400 per annum Residential income from a shorthold tenancy – vacant possession possible £27,000 per annum total income 4.5% gross yield before costs Floor areas: Retail shop 894 sq ft ground floor and 275 sq ft basement storage 1 bed room flat 547 sq ft Floor plans available upon request

    Virtual Tour

    https://my.matterport.com/show/?m=w3egMWd8tKJ https://my.matterport.com/show/?m=UPF5y1GVumx

    Location

    marker
    Location: 77 Wellington Road, 77 Wellington Road, London, E7 9BY

    Leyton (1.0 miles)

    Stratford (1.1 miles)

    Leytonstone (1.3 miles)

    Forest Gate (0.3 miles)

    Wanstead Park (0.4 miles)

    Maryland (0.6 miles)

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