Fleming Mead, Mitcham, Surrey CR4 3LU SSTC

6 6 0

£750,000 House of multiple occupation for sale
SSTC

Description

The Property Advantage is pleased to present this 6 Bed All En-suite HMO property. The property is fully licensed and compliant. It is currently fully occupied and has been exceptionally maintained. The Gross Income is £59,700 per annum and the Gross Yield is 7.96%.

This is an established HMO property that provides well laid out, spacious accommodation. The property is fitted with a modern kitchen and high-quality furnishings throughout. To the rear of the property, there is a large garden which is a real added bonus in this London location.

Fleming Mead is a quaint residential location close to all local amenities, including a Tesco Express and Lidl. It is in a prime commuter location between Tooting Station and Collier's wood tube making it extremely popular for tenants. Tooting Train station is a stone's throw away, located 0.4 miles away. Colliers Wood tube station is also within a short walk located 0.6 miles away.

Income;

Room 1 £850 / Room 2 £800 / Room 3 £700 /

Room 4 £775 / Room 5 £850 / Room 6 £1000

Total; £4975 PCM / £59,700 PA

Expenditure;

Gas £120 / Electric £60 / Water £55 / Council Tax £134 /

TV License £12 / Broadband £70 / Cleaner £100 / Management £497

Total; £1,048 PCM / £12,576 PA

Gross Yield: 7.96%

Buyer Fee: 2.00% + VAT

Reference: TSC-21952349
20245204 Energy Efficiency Chart epc_ce60_pe85_ci0_pi0

Features

  • Fantastic Investment Opportunity
  • 6 Bed All En Suite HMO
  • Well Located
  • Very Good Condition
  • Gross Income : £59,700 PA
  • Gross Yield : 7.96%
  • 2% +VAT Buyer's Fee

Enquiry

To make an enquiry for this property, please call us on 01743 612 018, or complete the form below.