We welcome you to 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 property has a wide array of potential and planning permission to be extended 6 meters on two levels.
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.
Enquire immediately to avoid disappointment.
Thank you,
N &N Properties
offers in excess of £900,000