House For Sale £850,000
Price: £850,000
Property Type: Semi- detached
Tenure: Freehold
Monthly Gross Income: £5,000 (including management fee)
Explore an exclusive hidden gem in Sudbury - an expansive, fully licensed House of Multiple Occupation (HMO) that combines investment potential with the charm of a family-oriented abode. Tucked away from the hustle and bustle, this property presents a multitude of options to both investors and those seeking a spacious family home.
Property Highlights:
Location Advantage: Nestled in Sudbury, this property is strategically positioned outside the Article 4 area map, streamlining the HMO licensing process. Moreover, it's situated beyond the conservation area, opening doors to diverse future development possibilities.
Potential for Expansion: The property offers the exciting possibility of a side extension and loft conversion (subject to obtaining planning permission). These enhancements can significantly elevate rental capacity and property value, providing an appealing prospect for investors.
Immaculate Condition: With meticulous upkeep, the pristine property ensures a seamless transition for tenants and investors. No immediate renovations are required.
Steady Income Generation: Presently generating a gross monthly income of £5,000 (inclusive of management fees), this property is a reliable income source for the discerning investor.
Thoughtful Layout: Encompassing two communal sitting areas, the property fosters a welcoming atmosphere for relaxation and social interaction. The expansive kitchen is a centrepiece that effortlessly accommodates multiple occupants.
Bedrooms and En-suite Rooms: Comprising three spacious bedrooms and two En-suite rooms, the property provides a variety of living arrangements to suit diverse tenant preferences.
Additional Facilities: Equipped with a separate toilet facility, the property prioritises tenant convenience and privacy.
Intriguing Potential: The property boasts a very large garden and has the potential for transformation into a spacious 6-bedroom home, catering to families or investors seeking larger accommodations.
The property is listed at £850,000 with a 2% buyer's fee. This is an exciting prospect for those looking for an impressive return on investment. Take advantage of this excellent opportunity to contribute to the thriving property market in Slough, shaping its future while reaping the rewards of your investment. Can be sold vacant possession.
