• EPC rating : E +
• Council Tax Band : 14a B and 14B C +
• Tenure : Freehold +
• Turn Key Investment +
• ROI in the region of 7% net +
• ROI in the region of 9% gross +

Nestled in the heart of Ashford on the prestigious Albert Road, this pre-1900 semi-detached house offers a fantastic investment opportunity for those seeking a property with great potential. Boasting 2 kitchens and an impressive 8 bedrooms, this spacious property is perfect for those looking for a lucrative investment opportunity.

The property is currently let as a fully licensed HMO and is split into two separate units.

14A Ground floor and accessed from Albert Road has three double bedrooms a large kitchen and a shower room as well as a separate WC.

Rental Income 14A B1 £600.00
Rental Income 14A B2 £580.00
Rental Income 14A B3 £600.00

14 B's First and Second floors are accessed from a side entrance in Hollington Place and have five double bedrooms, a newly fitted kitchen, a bathroom with an over bath shower, wash hand basin, and a WC as well as a separate WC.

Rental Income 14B B1 £600.00
Rental Income 14B B2 £555.00
Rental Income 14B B3 £600.00
Rental Income 14B B4 £555.00
Rental Income 14B B5 £455.00

Garage and Parking £200.00

Total Gross income (PCM) £4,745.00

Per Annum (Gross) £56,940.00

Expenses (PCM)

Council Tax. £298.00

Water Rates £129.20

Utilities £341.93

Expenses (PCM) £769.13

Expenses (Per Annum) £9229.56

Per Annum (Net) £47,710.44

The detached double garage provides parking for up to two vehicles, with additional space in front of the garage. It can generate extra income in the region of £2400.00 per annum, making this property a genuinely versatile investment.

We have been managing this property for over fifteen years and it has a proven track record over this time It is rare to find a property of this nature in a highly sought-after street in the heart of the old town.

14 A -

Entrance Hallway -

Wc -

Shower Room - With double cubicle and separate wash hand basin

Room 1 - £600 A lovely double room with a bay window overlooking the front of the property.

Room 2 - £580.00 with door leading out onto a small patio this room benefits from its own private access meaning you can come and go as you please

Room 3 - £600.00 With separate lounge area this room feels more like a studio and has window from the lounge area opening to the side as well as window from the bedroom opening to the rear

Kitchen - With fitted washing machine, oven and hob

14B -

Hall - With stairs to the first floor

Landing - Doors to rooms 1 and 2 and door to kitchen

Kitchen - Newly fitted kitchen with oven and hob as well as washing machine.

Room 1 -

Room 2 -

Second Floor Landing -

Room 3 -

Room 4 -

Room 5 -

Bathroom - With bath and over-bath shower as well as WC and wash hand basin

Wc - With WC and wash hand basin