9 Bed HMO, Stanford-le-Hope, SS17 0GX, £600,000

4 Bell Reeves Close, Stanford-le-hope, Thurrock, SS17 0GX - 69 views - 5 months ago

HMO
ROI: 12%
~279 m²
+16 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£150,000

Stamp Duty & Legal Fees

£36,700

Total Cash In

£186,700

 

 

Cash Out

 

Room Rate

£676

Gross Rent

£6,084

Running Costs/mo

£4,186

Cashflow/mo

£1,898

Cashflow/yr

£22,776

ROI

12%

Gross Yield

12%













Property History

Listed for £600,000

October 17, 2024

Sold for £250,000

2006

Sold for £168,000

2001

Floor Plans

Description

  • Great Investment Opportunity +
  • Nine Bedroom HMO +
  • High Demand For Room Lets +
  • Fully Approved Previously By Thurrock Council +
  • Spacious Fitted Kitchen With Plenty Of Storage +
  • Communal Areas +
  • Three Shower Rooms/ WC +
  • Available NOW! +

Guide Price £600,000 - £650,000 Step into luxury with this exceptional 9-bedroom end-of-terrace house, a true gem offering a great investment opportunity as a HMO (House in Multiple Occupation). Meticulously maintained and fully approved by Thurrock Council, this property promises a high demand for room lets and a fantastic yield for keen investors. The spacious fitted kitchen with ample storage sets the stage for culinary delights, while the communal areas provide the perfect space for all tenants to enjoy. With three shower rooms/WC for added convenience, this property is ready for occupancy now, offering a bespoke lifestyle of comfort and charm. Don't miss out on this extraordinary opportunity to elevate your investment portfolio and lifestyle. Enquire now for further details.

EPC Rating: D

Agent Details

Howgates, Stanford Le Hope

01375 803734

Next Steps?

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

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