House For Sale £950,000
9 Bedroom House For Sale
Available to viewing seven days A week. Victorstone are delighted to offer this nine bedroom double-fronted house perfect for development, located a short walk from Ilford Station.
Used as a HMO, this large double-fronted house comprises of nine bedrooms, two bathrooms, an eat-in kitchen and a large garden. Ideal for investors and developers looking to add-value to an already existing high yielding licensed HMO property. This below market value house has granted permission to extend 6 meters into rear garden on two storeys that can be developed into an array of options.
Rented on a room-by-room basis, £46,870 in net profit per annum is currently achieved which translates to a circa 5% net yield, a phenomenal development opportunity with a large scope for extension. Offered to the market chain free with a dual option to be sold with vacant possession or inherit current tenants.
Available to viewing seven days A week. Victorstone are delighted to offer this nine bedroom double-fronted house perfect for development, located a short walk from Ilford Station.
Used as a HMO, this large double-fronted house comprises of nine bedrooms, two bathrooms, an eat-in kitchen and a large garden. Ideal for investors and developers looking to add-value to an already existing high yielding licensed HMO property. This below market value house has granted permission to extend 6 meters into rear garden on two storeys that can be developed into an array of options.
Rented on a room-by-room basis, £46,870 in net profit per annum is currently achieved which translates to a circa 5% net yield, a phenomenal development opportunity with a large scope for extension. Offered to the market chain free with a dual option to be sold with vacant possession or inherit current tenants.
