House For Sale £1,200,000
This is an investment opportunity to purchase an HMO in Greenford, Ealing with the potential to generate a 7.2% net yield.
Property information:
Fully refurbished HMO
Works are due to complete soon
Split over 3 floors
6 x bedrooms with ensuite bathrooms and kitchenettes
Shared kitchen
Front and rear gardens
EPC rating: Tbc, following completion of works
Council tax band: E
Rental income:
A housing association is ready to sign an Fri lease and move in once the works are completed
The following Fri lease options are available and require an upfront payment to secure the lease:
7-year lease - £21,684.75
15-year lease with a 5-year extension - £55,369.50
20-year lease with a 5-year extension - £116,739
The lease is cpi linked
Expected rental income: £7,228.26 pcm; £86,739.12 pa
Location information:
The property is located in Perivale, Greenford in the London Borough of Ealing
Perivale Underground station is approximately a 6-minute walk away and lies on the Central Line
There are also a number of bus stops by Perivale station with regular services
The property is close to a big superstore
Easy access to the A40
Note:
Please note that Vesta has not visited this property and that the vendor has provided all material.
The photos are not of the exact property and are for illustrative purposes only. However, they do represent the standard of previous developments from this vendor and to which this property will be refurbished.
The floorplans do reflect this property following the completed works.
Property information:
Fully refurbished HMO
Works are due to complete soon
Split over 3 floors
6 x bedrooms with ensuite bathrooms and kitchenettes
Shared kitchen
Front and rear gardens
EPC rating: Tbc, following completion of works
Council tax band: E
Rental income:
A housing association is ready to sign an Fri lease and move in once the works are completed
The following Fri lease options are available and require an upfront payment to secure the lease:
7-year lease - £21,684.75
15-year lease with a 5-year extension - £55,369.50
20-year lease with a 5-year extension - £116,739
The lease is cpi linked
Expected rental income: £7,228.26 pcm; £86,739.12 pa
Location information:
The property is located in Perivale, Greenford in the London Borough of Ealing
Perivale Underground station is approximately a 6-minute walk away and lies on the Central Line
There are also a number of bus stops by Perivale station with regular services
The property is close to a big superstore
Easy access to the A40
Note:
Please note that Vesta has not visited this property and that the vendor has provided all material.
The photos are not of the exact property and are for illustrative purposes only. However, they do represent the standard of previous developments from this vendor and to which this property will be refurbished.
The floorplans do reflect this property following the completed works.
