Sinclair Road, Chingford, London E4 8PT, £1,250,000

Description

Investment / development opportunity comprising a large detached family home with self contained block of 4 licensed HMO rooms all with en suite bathrooms to the rear and a detached double garage - Potential for a variety of uses STP - Sole Agents

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


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.

We are informed the four rooms are let on AST's producing £3,000 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


SERVICES
Not checked


TERMS
Guide Price £1,250,000 Freehold


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


OTHER
Disclaimer: CSJ, our clients and any joint agents give notice that:
1) They have no authority to make or give any representations or warranties in relation to the property. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.
2) Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building, regulation or other consents and CSJ have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.


VIEWING
Contact Sole Agents
Christopher St James
020 8545 0591


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