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House For Sale £450,000
Randall Street, Maidstone, Kent ME14


Description
Six Bedroom 10 Person Licenced HMO Investment | Fully Tenanted | 9% Gross Yield | 7.5% Net Yield | Well Maintained | Modern Interior | EPC Rated C | Two Bathrooms | Planning Permission for Loft to be Converted into Self Contained Unit

A well presented, newly refurbished HMO investment property, that's fully tenanted and highly profitable.

The property is currently a fully licensed six bedroom 10 person HMO investment. It has been recently refurbished and is fully compliant with all current regulations including a mains fire alarm system throughout. It is set up with six bedrooms, five doubles, one single and two bathrooms. There is a communal kitchen, garden to the rear.

The current tenants have all been hand selected by the current landlord with a view to creating a respectful, harmonious household. The average age of each tenancy is currently 12 months.

The property is generating a gross yield of 9% and net yield after bills are deducted of 7.5% making the property a highly profitable investment proposition.

There is a virtual tour available as well as floorplans and photos. In order to minimise disruption to the current tenants prospective buyers are asked to review all details available as well as their own finances prior to viewing. Further details for the property are available upon request.<br /><br />

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

  
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