Property features
- Central heating
- Double glazing
- 4 Bed hmo
- Excellent Condition
- Fully Licensed hmo
- Fantastic Rental Yield
- Own Entrance Door
- Own Rear Garden
- Close to local transport links
Property description
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.