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Mawney Road

Price £750,000

6 Bedroom Land

Ref: 57879_102807002299

HMO FOR SALE WITH THE ADDITIONAL BENEFIT OF APPROVED PLANNING PERMISSION FOR A NEW BUILD 2 BED + STUDY DWELLING ON ATTACHED LAND.

Fully managed HMO in Romford, Essex, bringing in income per month of £3966.00. (£47592.00 per year)Administration office bringing in income of £250.00 per month. (£3000.00 per year)Total income for HMO and Admin office: £50592.00Planning permission granted for a 2 Bedroom + Study House with its own parking space and rear garden.The Section 106 payment of £6000.00 as well as solicitors fees of approximately £2000.00 paid by the current vendorsTotal income per month £4216.00 Total income per year £50592.00 Flat 1 Room and parking Flat 2 Room and parking Flat 3 Room and parking Flat 4 Room with no parking Flat 5 Room with no parking Flat 6... Read more
6 ROOM HMO WITH LAND ATTACHED WITH PLANNING TOTAL INCOME PA £50592.00
YEARLY INCOME FOR HMO £47592.00 ADMIN OFFICE AT REAR OF HMO WITH YEARLY INCOME OF £3000.00
APPROXIMATELY YIELD OF 6.5% PLANNING AGREED FOR 2 BED NEW BUILD + STUDY
PLANNING REFERENCE P1948.17. SECTION 106 PAYMENT PAID BY VENDOR
PARKING FOR 6 CARS
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GBP Estates

GBP Estates

Romford

Essex

RM1 2LH

United Kingdom

Tel: 01708 504455
E-Mail: sales@gbpestates.co.uk

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