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Offers over

£500,000

5 bed maisonette for sale
Eric Street, London E3

    • 5 beds

    • 2 baths

    • 1 reception

  • EPC Rating: D

  • Leasehold

Spartan

Logo of Spartan

About this property

  • Central heating

  • Double glazing

Spartan Property Services are pleased to present this five-bedroom HMO investment property situated on Eric Street, E3 4TQ.

Offered at an asking price of £500,000, the property is currently arranged as a 5-bedroom House in Multiple Occupation and is fully let to five tenants, providing immediate income from completion.

Investment Highlights:

5 self-contained letting rooms

Fully occupied with 5 tenants in situ

Established HMO setup

Immediate income-producing asset

Located in a high-demand rental area

Excellent transport links to Canary Wharf, Stratford & Central London

Strong tenant demand from professionals

The property comprises five letting rooms, a fitted kitchen, bathroom facilities, and additional WC. Several rooms benefit from good natural light, and one includes access to a private balcony. The building forms part of a well-positioned residential block within close proximity to local amenities, bus routes and underground connections.

This location continues to see strong rental demand due to its proximity to:

Mile End Underground Station

Bow Road

Stratford & Westfield

Canary Wharf employment hub

The property is ideally suited to:

✔️ Portfolio landlords seeking steady cashflow
✔️ Investors looking for a turnkey HMO
✔️ Buyers seeking long-term capital appreciation in East London

With an asking price of £500,000, the asset presents an attractive entry point into the East London HMO market, with potential to review and increase rents (subject to market conditions and compliance), thereby improving yield over time.

Further financial information, tenancy schedule and compliance documentation available upon request.

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More information

  • Tenure

    Leasehold (89 years)

  • Service charge

    £2,500 per year

  • Council tax band

    C

  • Ground rent

    £10

  • Ground rent date of next review

See all recent sales in E3

Property descriptions and related information displayed on this page are marketing materials provided by - Spartan. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Spartan for full details and further information.