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No longer on the market

This property is no longer on the market

6-Bedroom HMO Plus Expansion Land - Potential Meg
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6 bedroom detached house

Under offer
Detached house
6 beds
2 baths
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent

Features and description

An enticing investment prospect awaits in Cranford with this fully licensed, operational 6-bedroom HMO complemented by a substantial plot of land, teeming with development potential for an even more extensive HMO project. We envision the possibility of expanding to an HMO with over 14 rooms once developed, subject to planning permission.


Key Property Features:

 

Address: High Street, Cranford, Hounslow TW5 9RG

Configuration: Currently, a 6-bedroom operational HMO

Current Earnings: Approximately £6,000 per month, with significant growth potential

Amenities: Features a large kitchen with dual hobs and sinks and two spacious reception areas

Land Potential: Adjacent land perfectly suited for an expansive HMO development

Investor’s Edge: An optimal pick for investors looking to scale rental yields through property development

Investment Terms: A competitive 2.5% buyer's fee reflective of the property's investment stature


Investment Expansion Highlights: 

HMO Licensing: Ready for immediate operation with full licensing

Room Proportions: Sized to comfortably accommodate double rooms

Development Prospect: Vast land available for the planning and construction of a significantly larger HMO, subject to planning consent

Income Trajectory: Opportunity to substantially surpass the current £6,000 monthly earnings with proposed property enlargement


Financial Advantages & Strategic Outlook:

The neighbouring land offers a prime opportunity for substantial revenue growth by adding more units or enhancing the current structure for increased tenancy. 

This property is a quintessential investment for immediate cash flow with the vision for long-term, high-yield asset development.

 

Special Acquisition Proposition:

 

Package Offering: Opportunity to acquire this 6-bedroom HMO alongside the adjoining 5-bedroom property for a combined price of £2.3 million.

Land Expanse and Current Income: Jointly, the properties encompass 0.6 acres with a current revenue of £10,000 per month.

Potential Revenue Expansion: A compelling prospect exists to escalate this income through strategic property development, notably.

Combined HMO Vision: When considered together, there is potential to transform the existing structures into a comprehensive HMO setup with upwards of 24 rooms, STPP.


Enquiries and Viewing Arrangements: 

Interested parties are invited to contact our estate agency for detailed information or to schedule a property inspection. Our team is dedicated to facilitating a thorough and smooth acquisition process.

 

Seize this tactical investment to command a significant presence in the HMO market of Cranford, offering substantial growth and return prospects. Act promptly to secure this opportunity crafted for astute investors aiming for considerable yields.

Area statistics

Crime score
Moderate crime
4/10
Home prices (average)
6 bedroom detached houses
£781,627

About this agent

Rolitex Estates - Greenford
Rolitex Estates - Greenford
370 Oldfield Lane North Greenford, Middlesex UB6 8PU
020 8022 3732
Full profileProperty listings
Established in 1995, Rolitex is a leading residential property company in the UK, working across local, national and international markets, delivering unrivalled customer service We pride ourselves on offering the highest level of personal service to our clients and customers at all times.
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