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House For Sale £950,000
Sedgmoor Place, London SE5


Description
Offered for sale is this freehold, three storey, five bedsit, HMO in Camberwell, SE5.

The ground floor, garden bedsit room is currently yielding £1,400 per month. The remaining four rooms spread across the next two floors are currently rented out for £950, £950, £1,150 and £1,150 per month - bringing the total rent to £5,600 per month. At the listed price, this gives an annual yield of 7.1% which we believe to be very high for London.

There is also the potential for moderate rent increases too, as the vendor has yet to increase the rent in three of the rooms due the pandemic.

The property is currently held within a limited company and the vendor is open to being flexible regarding the sale of either the house or the company. Accurate, up-to-date figures regarding the balance sheet and accounts of the company can be provided upon request.

Buying the company as opposed to the house will almost certainly work out significantly cheaper for the buyer due to the savings in stamp duty

Follow the link for more information:
        
zoopla.co.uk

  
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