6 Bed HMO, Slough, SL3 8SF, £550,000

Hampden Road, Langley, SL3 8SF - 8 views - 6 months ago

HMO
ROI: 7%
~186 m²
+10 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£137,500

Stamp Duty & Legal Fees

£32,700

Total Cash In

£170,200

 

 

Cash Out

 

Room Rate

£732

Gross Rent

£4,392

Running Costs/mo

£3,387

Cashflow/mo

£1,005

Cashflow/yr

£12,062

ROI

7%

Gross Yield

10%













Property History

Listed for £550,000

September 23, 2024

Floor Plans

Description

  • Terraced 6 bedroom property +
  • Largely extended and modernised internally +
  • Immaculately presented +
  • 23ft open plan kitchen and living area +
  • Low maintenance rear garden +
  • Habitable outbuilding +
  • Three bathrooms +
  • Perfectly located within walking distance of multiple schools +
  • Perfect investment with HMO potential +
  • No onward chain +

Sitting in the heart of Langley, a stone's throw from the popular Langley Academy primary and secondary schools, this terraced property has peaked all extension potential to provide an impressive six bedroom property, perfect for a large family or investment. The property is offered to the market in immaculate condition, with the benefit of no onward chain. The ground floor features a spacious hallway complemented by tiled floor that leads to a ground floor bedroom and shower room. The main reception area is an open plan number suitable for living and dining. The kitchen boasts integrated appliances, modern units and a stylish breakfast bar. Rising to the first floor are three bedrooms and a family bathroom, whilst a loft conversion provides a master bedroom stretching 17ft with skylight window and ample fitted storage cupboards. Externally the very low maintenance garden is completely laid to patio and benefits an outbuilding that also serves as an additional bedroom, comprising space for living and and a shower room. Driveway parking is available for two cars. The property stretches an impressive 1331 square ft and is perfectly situated close to lots of local amenities, schools and Langley station.

Agent Details

Oakwood Estates, Langley

01753 944008

Next Steps?

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

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