Project Description

Location
The property is conveniently situated on Croombs Road in the popular residential area know as Custom House. Custom House is a district in the London Borough of Newham.
The property is situated 0.5 mile north of the Prince Regent DLR Station and has regular bus services nearby to Canning Town and City Airport. In December 2018 Custom House DLR will open and is situated just 0.7 miles from the property, where regular services will be provided to Paddington and Abbey Wood Stations.
There are a wealth of local amenities nearby including, shops, supermarkets, public houses and great schooling facilities.
Description
This spacious four bedroom townhouse, in need of refurbishment, has accommodation set over three floors.
The accommodation comprises living room, kitchen, four bedrooms, family bathroom and separate WC on the top floor.

Externally the property benefits from driveway parking to front and garden grounds to rear.

Services
We understand the property has mains gas, electric, water and drainage.

Tenure
Freehold

Investment Analysis
After refurbishment we estimate the property will let for approximately £2,000 pcm (£24,000 pa). Representing a gross yield of 6.86%.

Council Tax
The property is rated Council Tax Band C. Council Tax payable (2016/17) is £1,102.70

Viewing by Appointment

To view this property, please contact John Pye Property – property@johnpye.co.uk – 0115 970 6060

Please click the following link to access the legal pack documents – http://www.johnpye.auctiondocs.com/

Address

62 Croombs Road
London
E16 3RZ

Features

✓ Three storey townhouse
✓ Opportunity to add value
✓ Four bedrooms
✓ Kitchen & bathroom
✓ Ideal investment or owner occupier
✓ Vacant possession
✓ Potential yield of 6.86%
✓ Refurbishment required throughout
✓ Excellent location
✓ Driveway parking
✓ Garden to rear

Contact

Hayley Riley
Phone: 0115 970 6060
Email: property@johnpye.co.uk
Our Ref: PR249

TPO_generic logo

NLAlogoSupplierblue