This property has been taken off the market.

4 Bed Terraced House For Sale Wood Lane, Dagenham, RM8

£399,999- Terraced

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Last Updated: 25th April 2024

Description

Frestons are delighted to market this profitable freehold mixed-use building in Dagenham, RM8.

Equidistant to Dagenham Heathway and Chadwell Heath stations, the property benefits from good footfall from Wood Lane.

The ground floor is currently rented for £1,000 PCM on an 8 year lease (with the next rent review within the year) and the current tenants paying the rateable value; with the top floor two bedroom flat tenants currently paying £1,450 PCM on an AST, with the current tenancy expiring in December 2024.

The ground floor retail unit (currently a barber shop) comprises the large retail space, kitchenette, WC and garden; with the upstairs two bedroom flat comprising two double bedrooms, bathroom, kitchen and living room.

Offered to market chain free, early viewings are highly recommended.

Tenure: Freehold

Tenure: Freehold
Agent Details
Frestons
Covering Barnet

Investment Analysis

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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