Attention buy to let investors! This
property is currently licensed as 4 Bedroom hmo generating an income of
£2350pcm (assuming full occupancy - Rental figure given to ARQ Homes by
the Seller). The property has been professionally maintained and managed
to an excellent standard by the current seller, resulting in an
attractive ‘rental yield of up to 9%' (assuming full occupancy) for her
investment. Do not miss out on this excellent opportunity.
Hallway -
Laminate flooring, radiator, smoke alarm, 2 x built in storage cupboards.
Communal Lounge/Dining Area - 2.04m x 3.63m (6'69 x 11'9)
Radiator, laminate flooring
Kitchen
- Eye and base level units, roll edge work top surfaces, double glazed
window, stainless steel gas hob, oven and extractor, double sink and
drainer unit, built in larder area.
Lobby area -
Door to bathroom and garden
Bathroom -
Panelled
bath with mixer taps and shower attachment, low level wc, pedestal
mounted handwash basin, tiled walls and floor, heated towel rail, double
glazed window to rear
Bedroom - 4.54m x 2.69m (14'9 x 8'8)
Bay window, laminate flooring, radiator
Bedroom - 2.70m x 3.44m (8'8 x 11'3)
Double glazed window, radiator
Bedroom - 3.45m x 3.11m (11'3 x 10'2)
Double glazed window, radiator
Bedroom - 2.69m x 4.49m (8'82 x 14.73)
Double glazed window, radiator
Garden - 13.70m (45') approx.
Paved with raised borders
Rental Yield: 9%+
The Seller has declared a rental income based on full occupancy as £2350.00.
Prospective
buyer must carry out their own searches into the Planning validity/
Licensing of hmo's under London Borough of Newham and Landlord
Licensing. ARQ Homes are not responsible for any rental figures provided
by the Seller. Interested parties must verify accuracy of information
through their own solicitor.
100 year lease approx
Service charge £800pa.
Ground Rent £100pa.
The
information provided about this property does not constitute or form
part of an offer or contract, nor may be it be regarded as
representations. All interested parties must verify accuracy and your
solicitor must verify tenure/lease information, fixtures & fittings
and, where the property has been extended/converted, planning/building
regulation consents. All dimensions are approximate and quoted for
guidance only as are floor plans which are not to scale and their
accuracy cannot be confirmed. Reference to appliances and/or services
does not imply that they are necessarily in working order or fit for the
purpose.