6 Bed HMO, London, SE16 2DZ, £750,000

Mossington Gardens, London, SE16 2DZ - 19 views - a month ago

HMO
ROI: 7%
~186 m²
+12 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£187,500

Stamp Duty & Legal Fees

£48,700

Total Cash In

£236,200

 

 

Cash Out

 

Room Rate

£953

Gross Rent

£5,718

Running Costs/mo

£4,366

Cashflow/mo

£1,352

Cashflow/yr

£16,224

ROI

7%

Gross Yield

9%













Property History

Listed for £750,000

February 10, 2025

Floor Plans

Description

  • Six bedrooms and three bathrooms +
  • Arranged over three floors +
  • Spacious kitchen/diner +
  • Ideal property for landlords and large families +
  • Located close to park and train station +
  • Freehold house offered chain free +
  • Council Tax Band D. EPC rating C +

Six bedroom mid terrace house arranged over three floors with three bathrooms. Rarely are homes of such size found at this price point which in our opinion offers very good value. The ground floor is dedicated entirely to living space with a good size kitchen diner and separate lounge leading to the rear yard. To the front of the house is a WC with shower. On the first floor you will find the first of six bedrooms and family bathroom. To the second floor (loft conversion) is the final two bedrooms and second family bathroom.

Mossington Garden is located just moments from 63 acre Southwark Park with its lake, sports facilities, children's play area, bandstand and cafe. A superb range of local amenities are easily accessible, as are choice schools, and both South Bermondsey and Surrey Quays stations. The property has been successfully let for a number of years and has an HMO license with Southwark Council. It offers an good rental yield for potential investors or a fantastically spacious family home.

1639 sqft. Freehold. EPC rating C. Council Tax Band D. Offered for sale chain free. Estate management fee of approx. £2492 per annum to include heating and hot water

Council tax and, where applicable, lease information, service charges and ground rent are given as a guide only and should always be checked and confirmed by your Solicitor prior to exchange of contracts. Photos taken prior to current tenancy.

Agent Details

Independent London, London

020 3872 3600

Next Steps?

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