Go Back

57 Danes Way, Pilgrims Hatch, Brentwood, Essex CM15 9JT

Ref: 21634 Price: OIRO £625,000

Property Description

An opportunity to acquire a fully compliant, licensed HMO (House of Multiple Occupation) in an affluent residential suburb in the Essex borough of Brentwood. The property is a former family home which has been extended and recently refurbished throughout to create a well-proportioned 6 bedroom HMO. All of the individual units benefit from en-suite bathrooms and kitchenettes, whilst all of the tenants benefit from access to a communal living room / kitchen, communal drive way, and a communal garden. Features such as this are what sets the property apart from typical HMO investments, which often offer cramped and undesirable accommodation for tenants. The property is currently fully let and produces a gross income of £59,400 per annum, a purchase at the guide price would therefore return a highly attractive 9.5% gross return

Particulars

Particulars

Request a Viewing

Please complete the form below to receive a call back from one of our team.

Get In Touch

If you have a commercial or mixed use property you are minded to let or sell, or have a development opportunity or investment you wish to dispose of, please contact us for free, impartial advice, delivered in the strictest of confidence.

Contact Us

Register

You can review all information on our website without the need to register. If, however, you wish to receive details of our latest instructions and our quarterly newsletter, please ensure you are fully registered.

Register