INVESTMENT PROPERTY, ALL RENTED SEPERATELY
Guide Price £504,000 Freehold
Plot size: 2000 ft2
Car parking subject to application to council for kerb dropping;
Huge Victorian House ; many original features including tall ceilings and chimney breasts;
Has 6 double bedrooms ( one if which is ensuite adn has a messanine floor above for storage);
1st floor large bnathroom;
ground floor understairs WC ( needs updating );
Currently rented out to achieve £2,500 pm ( £30kpa ) ; all tenancies are Assured Shorthold Tenancies with protected Tenants Deposits;
House has potential with some modifications to have ensuite facilities in each bedroom thereby enhancing rent to £35k - ? pa.
- 6 DOUBLE BEDROOMS RENTED OUT SEPERATELY
| - HMO LICENCE IN PROCESS WITH THE LA
| - HUGE INVESTMENT OPPORTUNITY
| - YIELDS CAN BE RAISED 15%+ IF 5 ROOMS ARE CONVERTED TO EN-SUITE
| - 22' LONG LOUNGE CAN BE CONVERTED TO A 7TH BEDROOM WITH EN-SUITE
|
60 x20ft rear garden with fish pond, apple tree adn brick built shed ( needs renewing);
house in need of minor modernisation only;
original windows in all bedrooms except for rooms 2 and 6 where double glazing exists;
Gas Central Heating present with a British Gas Service Care Contract( boiler may need changing next year );
Electrical and Gas Certificates avaialble;
HMO licence application fee of £925 recently paid and initial visit by Council has taken place with recommendations in writing ;
financial assistance via grant may be avaialble towards 25% of upgrade costs;
Spacious interiors;
Great investment opportunity as a House in Multiple Occupation ( HMO ) if properly upgraded;
Current agent ( ourselves has been mananging all tenancies for 3 years so has in depth knowledge of this property )
Viewing
Please contact our
Hounslow Office on 0208 570 3655
if you wish to arrange a viewing appointment for this property or require further information.
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intended only as a guide and purchasers must satisfy themselves by personal inspection.