4 Bed HMO, London, N9 9AR, £430,000

204 Church Street, London, Greater London, N9 9AR - 38 views - 7 months ago

Under Offer

HMO

ROI: 5%

91 m²

+4 photos

ValuationUndervalued

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Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£107,500£107,500
Stamp Duty & Legal Fees	£23,100£23,100
Total Cash In	£130,600£130,600

Cash Out
Room Rate	£763£763
Gross Rent	£3,052£3,052
Running Costs/mo	£2,510£2,510
Cashflow/mo	£542£542
Cashflow/yr	£6,509£6,509
ROI	5%5%
Gross Yield	9%9%

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Property History

Listed for £430,000

August 31, 2024

Sold for £220,000

2008

Description

HMO LICENSE +
2 BATHROOMS +
CLOSE TO TRAIN STATION +
GAS CENTRAL HEATING +
SPACIOUS REAR GARDEN +
CHAIN FREE SALE +

We are pleased to offer this HMO investment, the house is currently operating as a House in Multiple Occupation (HMO) with 4 rooms already rented out, providing an instant income stream for the new owner.

This chain-free sale presents a fantastic opportunity for those looking to expand their property portfolio or for first-time buyers wanting to step onto the property ladder. With its prime location and potential for further development, this property is a promising investment that should not be missed.

Don't miss out on the chance to own this delightful terraced house in London. Contact us today to arrange a viewing and start envisioning the endless possibilities this property has to offer.

Agent Details

VOYAGER, London

020 8187 1161

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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