North Place, Mitcham, Surrey CR4 3LX SSTC

7 7 0

£850,000 House of multiple occupation for sale
SSTC

Description

The property Advantage is delighted to present this 7 Bed All En-suite HMO property. This is an established HMO and is fully licensed and compliant. The Gross Income is £67,860 per annum and the Gross Yield is 7.98%.

The property provides spacious accommodation with an open plan style kitchen/ living area leading through to a sizeable, well-maintained garden. The local managing agent has ensured all properties are tenanted with high-quality professional tenants and that the property is kept in premium condition.

North Place is very well located in South West London, close to all amenities such as Lidl and Tesco. 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 £800 / Room 2 £780 / Room 3 £900 / Room 4 £800

Room 5 £795 / Room 6 £850 / Room 7 £730

Total; £5,655 PCM / £67,860 PA

Expenditure ; 

Gas £100 / Electric £61 / Water £35 / Council Tax £161

TV license £12 / Broadband £70 Cleaner £100 / Management £565

Total; £1,104 PCM / £12,708 PA

Gross Yield: 7.98%

Buyer Fee: 2.00% + VAT

Reference: TSC-84428746
20241927 Energy Efficiency Chart epc_ce55_pe63_ci0_pi0

Features

  • South London Location
  • 7 Bed all En Suite HMO
  • Established, High-Quality Tenants
  • Gross Income : £67,860 PA
  • Gross Yield : 7.98%
  • 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.