stamp duty: £12,750
mortgage fees: £1,500
conveyancing fees: £1,000
2 reception rooms
Tenant is a long standing tenant.
Landlord has stated "property being reasonably priced as is in need of modernisation".
£16,200 p.a. / £1,350 pcm
TENANCY AGREEMENT STARTED
over 6 years ago
TENANCY AGREEMENT ENDS
Documents available on request, please contact for viewings or further questions.
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Walthamstow is a district in east London in the London Borough of Waltham Forest. Walthamstow is located between the Lea Valley and Walthamstow Reservoirs to the west, the North Circular Road to the north and Epping Forest to the east. It is situated 7.6 miles northeast from Euston.
This area is serviced by Walthamstow Central which is a London Underground and Overground interchange station. This station acts as the northern terminus station on the Victoria line and runs all the way to Brixton to the south. London Overground services run from Liverpool Street to Chingford, operating 4 trains per hour in either direction.
The high street at the centre of this district is home to Walthamstow Market, measuring at 2/3 of a mile making it the longest outdoor market in Europe. This market is open 5 days a week (not on Sunday or Monday) and is home to a special farmers’ market on Sunday. There is a selection of well-known highstreet classics along the side of the central market, including specialised food and fabric stores as well as cafés. The Mall Selborne Walk is a much larger indoor shopping complex that one can gain access from shop fronts that connect it to the main high street. This shopping centre is home to almost 100 well known retail stores, banks and restaurants. Walthamstow is not far from Westfield Stratford also, where one can fulfil all of their commercial and dining desires.
As this area is located in the capital there are thousands of job opportunities in the local area and throughout the centre of the city, where there are more than numerous adequate travel options to get you there.
This area could be perfect for young families looking for local education options. Primary schools in this area are Hillyfield Primary Academy and Whittingham Primary Academy which are both under a ten-minute walk and offer schooling to the age of 11. Big creative academy is the closest higher education institution offering course and apprenticeships predominantly in the creative field.
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Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.
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