High Income 18 Room Detached Property with Redeve

House For Sale £2,000,000
Slough, SL3


Description

Overview:

- Type: Detached House with Guest House

- Location: High Street, Colnbrook, Slough SL3 0JZ

- Total Rooms: 18 (15 with ensuite facilities)

- Parking Spaces: 6 Car spaces, 12 Cycle spaces

- Land: Extensive development potential

 

Details:

- Main House: Currently has 12 rooms with potential for extension to become an 18-bedroom property, ideal for expansion or conversion into a larger guest house/HMO, subject to planning permission.

- Guest House: Current 6-room structure with approved plans for demolition and redevelopment into two separate 3-bedroom houses, significantly enhancing the property's value and income potential.

- Development Potential: The property holds vast potential for development, with possibilities for both the main house and guest house.

- Vacant Possession: Available for immediate occupancy.

 

Financials:

- Potential Income: The current 12-bedroom configuration has a potential annual income of £108,000. With the extension and redevelopment plans, this figure is expected to rise significantly.

- Buyer's Fee: 2.5% of the purchase price.

 

Highlights:

- A prime investment opportunity in a high-demand rental area.

- Flexibility in accommodation types and development options.

- Pre-approved plans for significant property enhancement and income generation.

 

This property, located in a sought-after area, offers a unique investment opportunity. It combines the benefits of immediate rental income with extensive development prospects for future growth and enhanced revenue, making it an attractive option for investors.


Follow the link for more information:
        
onthemarket.com

  
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