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