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 less than a 5-minute walk away and lies on the Central Line
- There are also a number of bus stops by Perivale station with regular services
- Easy access to the A40
Note:
Please note that Vesta has not visited this property and that the vendor has provided all material.
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 less than a 5-minute walk away and lies on the Central Line
- There are also a number of bus stops by Perivale station with regular services
- Easy access to the A40
Note:
Please note that Vesta has not visited this property and that the vendor has provided all material.
