House For Sale £1,000,000
Nestled in the serene locality of Cranford, this 5-bedroom HMO presents a valuable investment opportunity that offers current stability with tremendous growth potential. Featuring large double rooms and dual kitchens, this property is primed for an investor poised to capitalize on its expansion potential.
Property Summary:
Address: High Street, Cranford, Hounslow TW5 9RG
Bedrooms: 5 well-appointed double rooms, designed for comfort and high tenant appeal
Current Revenue: A stable monthly income of £4,000
Kitchens: Two separate kitchens, each providing full functionality and ample storage
Expansion Potential: Vacant land available around the property is ideally suited for development into a comprehensive HMO operation, with the potential to boost income substantially
Investor’s Edge:
Land for Growth: The available surrounding vacant land provides a perfect opportunity for significant expansion, with the potential to enhance the HMO’s capacity and income.
Potential for Scalability: Spacious double rooms offer the flexibility for increased rental yield with minimal adjustments.
Strategic Purchase: An ideal acquisition for investors looking to initiate or expand their portfolio with high-potential return properties.
Special Combined Property Offer:
Exclusive Price: This 5-bedroom HMO, along with the adjacent 6-bedroom HMO, is available for purchase at a combined price of £2.3 million.
Land Expanse: The two properties together occupy a substantial 0.6-acre plot, presenting extensive room for a visionary expansion project.
Revenue Outlook: With strategic development, there's a significant opportunity to outpace the current £10,000 combined monthly revenue.
Expansion Vision: This property alone has the potential, STPP, to evolve into a 10-bedroom HMO, significantly increasing its earning capacity. Furthermore, combined with the neighbouring property, we envision the possibility of creating a 24-room HMO facility, subject to the necessary planning permissions.
Financial Snapshot & Acquisition Details:
Buyer’s Fee: A 2.5% buyer's fee is applicable on purchase.
Development Potential: Utilize the land to scale up operations and maximise investment returns.
Immediate and Prospective Income: Benefit from an established income stream with prospects for income enhancement through development and property enhancements.
Viewing and Next Steps:
Prospective investors are urged to contact our real estate professionals for more information or to arrange a property viewing.
Don't let this chance pass to cement a strategic spot in the Cranford HMO market with substantial potential for growth. Reach out today to learn how this investment can become an integral part of your real estate portfolio.
