FULLY LICENSED SIX BEDROOM HMO for sale in one of the areas best location for attracting good quality tenants offering yields of over 8% before expenses.
OVERVIEW A fully licenced HMO for sale in one of the area's best location for attracting good quality tenants offering yields of over 8% before expenses.
The property comprises 6 bedrooms; two of which are large double rooms with ensuite facilities, four further bedrooms and two shower rooms on the ground floor and the first floor.
The property also benefits from off road parking, a rear garden, a fully fitted kitchen, lounge area and a small garage space with a traditional up and over garage door.
The property has a regularly serviced boiler, a fully integrated fire alarm system and broad band internet.
Total accommodation is 1423 SqFt.
The property is located in a sought after residential location, which is in catchment for excellent local schooling facilities and also offers superb access to the mainline railway station with direct links to London Liverpool Street, as well as regular bus services to Stansted Airport, making this immediate location an attractive proposition for HMO tenants.
The current owners can supply a full statement for renal income over the last two years and it is also our understanding that the current monthly running costs which the owners pay are;-
Service charge £45.61
Council tax £189.00
The gross income for the property when full is £3225.
DISCLAIMER With approximate measurements these particulars have been prepared in good faith by the selling agent in conjunction with the vendor(s) with the intention of providing a fair and accurate guide to the property. However, they do not constitute or form part of an offer or contract nor may they be regarded as representations, all interested parties must themselves verify their accuracy. No tests or checks have been carried out in respect of heating, plumbing, electric installations or any type of appliances which may be included.