This property is no longer on the market
6 bedroom terraced house
Key information
Property description & features
- Tenure: Freehold
- Kitchen-Diner
- En-suite
- Full Double Glazing
- Gas Central Heating Combi Boiler
- Double Bedrooms
Upper Class Estates is pleased to bring to the market this exceptional investment opportunity in the heart of Southall UB2, where convenience meets comfort in this remarkable property.
Property Features:
- 6 spacious en-suite units, offering comfortable living spaces
- 2 communal kitchens, promoting shared living dynamics
- HMO license secured, ensuring hassle-free tenancy management
- Current annual income of £66,500, boasting an impressive 9% gross yield
- Asking price: £750,000
Area Highlights:
- *Transport Links:* Enjoy seamless connectivity with easy access to public transportation, including bus routes and nearby train stations, simplifying commuting for tenants.
- *Green Spaces:* Embrace the beauty of nature with proximity to local parks, providing serene retreats and recreational opportunities for residents to unwind and rejuvenate.
- *Dining Options:* Indulge in a variety of culinary delights with an array of restaurants and eateries nearby, catering to diverse tastes and preferences.
Future Potential:
- With the upcoming increase in LHA to £1,000 per room on April 1st, the property's annual rental income is set to rise to a minimum of £72,000 per annum, making it an ideal investment choice for discerning investors seeking lucrative returns.
Seize this golden opportunity to own a promising property in a sought-after location. Contact us today to schedule a viewing or to learn more. We have videos of the property on demand, please get in touch!
Upper Class Estates
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*DISCLAIMER
Property reference FLORENCE_ROAD. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Upper Class Estates - Stoke Newington.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on March 30, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on March 30, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on December 3, 2014 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.