House For Sale £2,300,000
Offering an investment proposition of exceptional calibre, we present two adjacent HMO properties available for purchase together or individually. These vacant properties not only promise a solid income stream but also come with an extensive land area poised for a substantial HMO development project.
Investment Snapshot:
Location: High Street, Cranford, Hounslow TW5 9RG
Configuration: 11 vacant rooms across two properties, predominantly doubles
Land Scale: A vast 0.6 acres encompassing both properties
Income Potential: Currently vacant, with a previous income of approximately £10,000 per month from existing arrangements
Expansion Capability: Immense potential for a significant HMO project with the possibility of accommodating an excess of 24 HMO rooms, STPP (Subject to Planning Permission)
HMO Licenses: Both properties are fully licensed and operational
Environment: A quiet, attractive road in a prime rental area
Acquisition Flexibility: Available for purchase as a combined package or individually
Buyer’s Premium: A 2.5% fee to be accounted for by the buyer upon purchase completion
Strategic Development Opportunity:
The substantial 0.6-acre plot offers an unparalleled opportunity to undertake a major HMO development, subject to planning permissions, potentially increasing the rental income dramatically in a high-demand area.
Financial and Transaction Details:
This unique offer includes two vacant properties with vast potential for value enhancement through an ambitious HMO development scheme.
Exclusive Purchase Options:
Available as a comprehensive package or as separate units, these properties offer versatile investment opportunities to suit a range of investor preferences.
Viewing and Inquiries:
To discuss this rare investment proposition in detail or to schedule a personalised tour, please contact our real estate agency. Capitalise on this exclusive chance to develop a large-scale HMO or enhance your portfolio with one or both vacant and promising Cranford properties.
