Wearmouth House, Mile End E3 4JB
Mile End
£395,000
Property features
- Private Balcony
- Chain Free
- Close to Mile End
- Well Located
- Ideal for Investors
- Modern Decor
Summary
Wellpresented 3/4 bed splitlevel maisonette in Mile End E3 with HMO licence, generating approx. 8.6% yield. Comprises four double bedrooms, kitchen, balcony, bathroom and 2 WCs. Close to Mile End Station and Queen Mary University of London. Ideal investment opportunity. Guide Price of £ 395,000.00Details
Statuum are pleased to present this well-appointed 3/4-bedroom maisonette, ideally located in the sought-after Mile End, E3 area. Offering a strong annual yield of approximately 8.6% and benefiting from an existing HMO licence, this property represents an excellent investment opportunity.
Arranged over the second and third floors, this modern maisonette comprises four well-proportioned double bedrooms, a bright kitchen/diner, a separate reception room with access to a private balcony, a family bathroom, and two WCs (one with shower facilities). The property is presented in good decorative order throughout, featuring neutral interiors, fresh white finishes, double glazing, gas central heating, and laminate wood flooring.
Conveniently situated on Joseph Street, E3, the property is within easy reach of Mile End Station (approximately 0.4 miles), Devons Road DLR Station (0.6 miles), and Limehouse Station (0.6 miles), providing excellent transport links across London. The property is also just a 10–15 minute journey from Queen Mary University of London, making it particularly attractive for student or professional lets.
Additional Information:
Lease Remaining: Approximately 84 Years
EPC Rating: C (75)
Council Tax Band: B (London Borough of Tower Hamlets)
Service Charge (incl. building insurance): £1,384.95 per annum
Ground Rent: £10 per annum