Freehold Residential Investment, E11

Eight-apartment freehold block directly opposite Hollow Ponds and Epping Forest. Asking price: £2,800,000.

A substantial Victorian mansion house, formerly operated as a B&B, comprehensively converted in 2011 into eight self-contained apartments — five two-bedroom and three one-bedroom. The building is fully occupied.

Income & Uplift

Current passing rent: £155,700 per annum. ERV on standard AST tenancies: £180,000 per annum — achievable through modest rent reviews, with Flats 5 and 6 presenting the clearest near-term opportunity.

The property has an additional income angle. Given its proximity to Whipps Cross Hospital, the units are well-positioned for short-term and serviced accommodation use. Self-managed, this strategy carries an estimated ERV of £250,000–£300,000 per annum. The building's history as a B&B is relevant context for operators considering this route.

Acquisition Structure

Available via SPV transfer, reducing stamp duty liability significantly. Also available as an asset sale — purchasers acquiring six or more units benefit from commercial stamp duty rates.

Yield on Current Rent: 5.56% | Yield on AST ERV: 6.43%

A rent schedule with full ERV and unit-by-unit breakdown is available to registered investors.