6 Bedroom Land for sale in Mawney Road
HMO FOR SALE WITH THE ADDITIONAL BENEFIT OF APPROVED PLANNING PERMISSION FOR A NEW BUILD 2 BED + STUDY DWELLING ON ATTACHED LAND.
- 6 ROOM HMO WITH LAND ATTACHED WITH PLANNING
- TOTAL INCOME PA £50592.00
- YEARLY INCOME FOR HMO £47592.00
- ADMIN OFFICE AT REAR OF HMO WITH YEARLY INCOME OF £3000.00
- APPROXIMATELY YIELD OF 6.5%
- PLANNING AGREED FOR 2 BED NEW BUILD + STUDY
- PLANNING REFERENCE P1948.17.
- SECTION 106 PAYMENT PAID BY VENDOR
- PARKING FOR 6 CARS
Fully managed HMO in Romford, Essex, bringing in income per month of £3966.00. (£47592.00 per year)
Administration office bringing in income of £250.00 per month. (£3000.00 per year)
Total income for HMO and Admin office: £50592.00
Planning permission granted for a 2 Bedroom + Study House with its own parking space and rear garden.
The Section 106 payment of £6000.00 as well as solicitors fees of approximately £2000.00 paid by the current vendors
Total income per month £4216.00
Total income per year £50592.00
Flat 1 Room and parking
Flat 2 Room and parking
Flat 3 Room and parking
Flat 4 Room with... Read more