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An End of Terrace House Currently Arranged as a Nine Bedroom HMO Producing £72,000 per annum
The property comprises an end of terrace house arranged over ground and two upper floors. The property is currently arranged to provide nine letting rooms.
Tenure
Freehold
Location
The property is situated in Thornton Heath close to local shops and amenities. Transport links are provided by Thornton Heath rail station.
Accommodation
Ground Floor Four Letting Rooms (two with Kitchenettes) Communal Kitchen Communal Shower Room with WC & wash basin First Floor Three Letting Rooms (two with en-suite shower rooms, WCs & wash basins) Communal Kitchen Communal Shower Room with WC & wash basin Second Floor Two Letting Rooms Communal Shower Room with WC & wash basin
Tenancy
The entire property is let to Caridon Property Services Ltd on a one year tenancy from 23rd January 2015 at a rent of £6,000 per month.
The property benefits from an HMO license.
Current Rent Reserved £72,000 per annum
Viewing Details
Tuesday 10th February 16:00-16:45 Tuesday 17th February 16:00-16:45 Tuesday 24th February 16:00-16:45
Addendum
Amended Guide Price: £450,000+
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.