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Roman Road, Bow, E3 For Sale - £2,200,000

6 Bedroom End Of Terrace For Sale in Bow - £2,200,000

6 5 5 N N 0.75

Mixed use freehold investment opportunity on Roman Road with prominent corner position. The building consists of seven flats, three of which have been sold off on long leaseholds with a combined ground rent of £1,200 per annum, four which are producing rent of £69,000 per annum. The commercial unit which measures approximately 2000 square foot, arranged over ground (1,300 sq ft) and basement (673 sq ft) is let on a long lease to Dominos Pizza until 2025 at £29,000 per annum with a review in 2020. Roman Road is a vibrant high street in the heart of East London and is very much the social hub for the area with excellent footfall and numerous transport links nearby.

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Total SDLT due

Below is a breakdown of how the total amount of SDLT was calculated.

Up to £125k(Percentage rate 0 %)

Above £125k and up to £250k (Percentage rate 2 %)

Above £250k and up to £925k (Percentage rate 5 %)

Above £925k and up to £1.5m (Percentage rate 10 %)

Above £1.5m (Percentage rate 12 %)

Up to £300k(Percentage rate 0 %)

Above £300k and up to £500k(Percentage rate 0 %)

*This is for illustrative purposes only

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

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