6 bed terraced house for sale

Senrab Street, London E1

An exceptional opportunity to acquire this substantial six-bedroom extended terraced house on Senrab Street, Stepney Green, offering approximately 1,482 sq ft (137.7 sq m) of versatile accommodation arranged across three floors.

The property currently benefits from a valid HMO licence and generates approximately £4,000 per calendar month under an existing rent guarantee arrangement.

The property is intended to be sold with vacant possession, providing flexibility for purchasers wishing to occupy, refurbish or reconfigure the property. Alternatively, an incoming purchaser may have the option to continue with the existing rent guarantee arrangement should they wish to do so, subject to agreement and the terms of the existing contract.

Of particular interest to investment purchasers is the property's further HMO potential. Subject to obtaining all necessary planning permissions, HMO licensing approvals, building regulations approval and any other required consents, there is potential to reconfigure the property into a seven-bedroom HMO with en-suite facilities to each bedroom. Based on anticipated room rents, such a configuration could potentially generate rental income in excess of £7,000 pcm.

The proposed seven-bedroom configuration and projected rental income are potential only. No representation or guarantee is made that the necessary consents will be granted or that the projected rental income will be achieved.

Equally, the property's generous proportions, outdoor space and flexible layout make it well suited to buyers seeking a substantial long-term family home in East London.

The ground floor comprises a welcoming entrance hallway, two generously sized bedrooms, a separate dining room and fitted kitchen with direct access to a private rear garden, together with a convenient ground-floor WC. The property has been thoughtfully extended to maximise both space and functionality.

The first floor provides two further double bedrooms, a modern family bathroom and a particularly useful large utility room. This level also provides access to a private roof terrace, offering valuable additional outdoor space for relaxing or entertaining.

The second floor accommodates a further two well-proportioned bedrooms, bringing the existing total to six.

Ideally positioned in Stepney Green, the property is within easy reach of Stepney Green Underground Station and Limehouse Station, providing excellent connections to the City, Canary Wharf and wider London. A wide selection of local shops, amenities, schools and green spaces are also conveniently accessible.

Combining a licensed HMO, existing rental income of approximately £4,000 pcm, the availability of vacant possession and significant potential for further enhancement subject to consent, this represents an exciting opportunity for investors and owner-occupiers alike.

• Substantial six-bedroom extended terraced house

• Approximately 1,482 sq ft (137.7 sq m)

• Existing valid HMO licence

• Currently generating approximately £4,000 pcm under a rent guarantee arrangement

• Property to be sold with vacant possession

• Option for incoming purchaser to continue the existing rent guarantee arrangement, subject to agreement

• Potential seven-bedroom HMO conversion, subject to all necessary consents

• Potential for all seven bedrooms to benefit from en-suite facilities, subject to consent and feasibility

• Potential rental income in excess of £7,000 pcm following conversion

• Excellent value-add HMO investment opportunity

• Accommodation arranged across three floors

• Private rear garden

• Private roof terrace

• Large utility room

• Fitted kitchen

• Double glazing

• Excellent transport connections

• Close to Stepney Green Underground and Limehouse stations

• Suitable for investment or family occupation

• Offers Over £750,000

If you require assistance with your mortgage or conveyancing, please speak with the K&O Estates team. We can introduce you to trusted professionals who can assist throughout the buying process.

For mortgage advice, we work closely with Planet Mortgages, who offer access to whole-of-market mortgage advice and can assist with residential mortgages, buy-to-let and HMO finance, bridging finance, commercial mortgages and development finance.

Clients referred through K&O Estates may also benefit from specially discounted fees, subject to the service required and the provider's applicable terms.

For residential mortgage clients, Planet Mortgages offer a one-off lifetime broker fee, subject to their terms and conditions.

Please speak with a member of the K&O Estates team if you would like an introduction to a mortgage broker or conveyancer.

K&O Estates may receive a referral fee or commission from third-party service providers where a client chooses to use a service following an introduction from us. Any such referral arrangement does not affect your right to choose your own mortgage broker, conveyancer or other professional adviser. Further details of any applicable referral fee or commission are available upon request.

Any proposed seven-bedroom/en-suite HMO configuration and projected rental income are indicative only and are not guaranteed. Any conversion or change in occupation is subject to obtaining all necessary planning permissions, HMO licensing approvals, building regulations approval, fire safety compliance and any other relevant statutory or regulatory consents. Prospective purchasers should undertake their own enquiries and seek appropriate professional advice. Rental figures are estimates only and may vary depending on specification, market conditions and letting arrangements.

The existing rent guarantee arrangement is subject to its contractual terms and any necessary agreement or approval for continuation with an incoming purchaser. Prospective purchasers should satisfy themselves as to the terms and availability of any continuation prior to exchange.

These particulars are intended as a general guide only and do not constitute, nor form part of, any offer or contract. All descriptions, dimensions, references to condition, permissions for use and occupation, rental information and other details are provided in good faith. Prospective purchasers should satisfy themselves as to the accuracy of all information through their own enquiries, inspections and professional advisers.