Overview

Investment / development opportunity - Large detached house, separate block of 4 en suite rooms with HMO license, detached double garage - Potential for a variety of uses inc redevelopment

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  Full Description
  Detached freehold house with self contained block of four licensed (8 persons / 4 households) HMO rooms all with en suite bathrooms and a separate communal kitchen / dining area.
  
  To the side of the property and set back from the main road is a detached double garage block with potential
  
  We are informed the four rooms are let on AST's producing £4,000 pcm with all bills included except council tax which the tenants pay individually, Gas and electricity is a single supply
  
  The entire site extends to approximately 0.175 acres split across three separate title numbers NGL53175, EGL100002 and EGL142771 all under one ownership.
  
  Further information available in our Data Room

  Location
  Sinclair Road is conveniently located within easy walking distance of Chingford Mount high street with its array of quality restaurants, cafe's, shops and transport links. There are many bus routes, some direct to Stratford City and the new Olympic Park and Westfield shopping centre and excellent road links to the A406 and M11

  Services
  Not checked

  Planning
  It is felt the property would lend itself to further extensions creating a larger HMO / Care home / Nursery or alternative, the detached garage also has additional potential. All of the above is subject to the necessary consents.
  
  A search of Waltham Forest planning portal shows five previous applications, interested parties must rely on the own due diligence process to the local authority. Ref: 190123 / 173425 / 170474 / 110129 / 990994

  Terms
  Offers are sought in excess of £1,100,000 Freehold

  Viewing
  Contact Sole Agents Christopher St James 020 8545 0591