Draft details... For sale with burnap + abel... Licensed HMO investment property... Burnap + Abel are delighted to offer this excellent investment opportunity in the way of a fully let licensed H.M.O. The period property is situated close to Folkestone Central Train Station and The Town Centre. The original property offered a lounge and dining room (now let as rooms), kitchen, family bathroom and four bedrooms. Additional benefits include a private rear garden, double glazing, gas central heating and no onward chain. For your chance to view call sole agent Burnap + Abel no on .
Ground floor
entrance hall
lounge/dining room
26' 8" x 11' 2" (8.13m x 3.40m) Now split into two rooms.
Kitchen
14' 4" x 8' 11" (4.37m x 2.72m)
First floor
first floor landing
bedroom
14' 11" x 14' 5" (4.55m x 4.39m)
Bedroom
12' 2" x 9' 6" (3.71m x 2.90m)
Bathroom
9' 1" x 8' 11" (2.77m x 2.72m)
Second floor
bedroom
22' 5" x 15' 3" (6.83m x 4.65m)
Bedroom
12' 2" x 7' 6" (3.71m x 2.29m) The current vendors do not let this as a bedroom and it is currently used as a communal dining room/games room. This room is not calculated in the current rental income, but could be let as a smaller room for potentially £350 pcm.
Outside
rear garden
rental income
current rental breakdown
The current rental income is as follows.
Room 1 = £520 pcm
Room 2 = £465 pcm
Room 3 = £430 pcm
Room 4 = £360 pcm
Room 5 = £350 pcm
Total = £2125 pcm
Yearly Total = £25,500