HMO Portfolio, Basildon, SS15 5DL

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£1,205,000 Portfolio for sale

Description

The Property Advantage is pleased to present this fantastic portfolio in Basildon, Essex. Collectively, the portfolio is made up of three properties. The properties are all within walking distance of each other, two being on the same road. They consist of three 6 bed properties. The HMO's are currently tenanted and have been maintained in very good condition. The portfolio Gross Yield is 9.5%.

The properties are fully compliant, licensed HMO's. All houses have fully interlinked battery backup fire alarms and a maintained emergency lighting to fire exits. Throughout the property, all rooms have wireless broadband (hard-wired Ethernet connection), numerous powerpoints, a digital TV aerial connection as well as a Satellite TV connection. Additionally, all the properties have shed storage space for bicycles and off-street parking for 2 vehicles.

The properties are located in Basildon, Essex. They are within a mile walking distance from Basildon train station, where there are regular trains running to central London with a 40-minute journey. Local amenities are close by including the local newsagent, Dhesi supermarket, and an M&S. Basildon also has a Hospital, easily accessed by all three properties and within 1 mile (20 minute walk) from Ardleigh road.

**For further financial information on income and expenditure please get in contact**

Gross Yield: 9.50%

Buyer Fee: 2.00% + VAT

Reference: TSC-81562711

Additional Details

  • Outside Space - Garden
  • Parking - Allocated
Picture1 Picture2 Picture3 Energy Efficiency Chart

Features

  • Portfolio of Three Properties
  • 18 Bedrooms, 14 WC/Bathrooms
  • Well Located, Close To Amenities
  • Very Good Condition
  • Gross Income; 9.5%
  • Buyer's Fee 2% +VAT

Enquiry

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