8 Bedroom house for sale in Amalinda, East London

Income-Producing Multi-Unit Home – Investor’s Opportunity

Investors, take note. This is a property that earns while you improve it.

The home has been fully converted into eight individually rented units, and every unit has its own kitchenette and bathroom. Through the main gate you arrive at the lower level, where the former garage is now a self-contained bedroom unit with its own bathroom and two further units sit at the back. Exterior stairs lead up to the main house, which is laid out as five separately let rooms.

The property sits on a generous, sloping land with a wide lawned garden an mature shade trees.

To be upfront, the conversion was not finished to the standard it should have been and the owner is currently completing the final stages of the work. That is exactly where the opportunity lies. The buyer who will do best here is a hands-on investor, contractor or experienced landlord who can see a property with proven rental demand and a clear path to higher returns once the finishing touches are done.

If you understand rental property and aren’t put off by finishing work, this one deserves a look. Contact us to arrange a viewing and get the full picture.