£400,000
5 bed flat for saleHertford Road, Edmonton N9
5 beds
5 baths
EPC Rating: E
- Leasehold
Breens
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About this property
Lease: 70 Years Remaining
Service Charge: £1655.00 Per Annum)
Ground Rent: £200.00 Per Annum
Currently licensed until 27th April 2026 for up to 6 people living as 5 households
Combined Income Of £3,995.00 Per Calendar Month (Currently)
Each bedsit having its own shower room
Shared Kitchen/Washing Machine/Dryer
5 Individual Bedsits
Breen’s Estate Agents are proud to present to the market this rarely available, five bedsit, House of multiple occupancy that is currently achieving a combined income of £3,995 pcm (Net).
Situated on the first and second floor of this dwelling, We feel that this property is extremely well priced to attract an investor with knowledge of HMO’s who are keen to achieve the best possible yield for their investment.
Each room has its own work surface space for meal preparation and shower-room with one of the bedsit’s also benefitting from its own private balcony – These apartments also have a shared kitchen to socialize and cook their meals alongside a washing machine and dryer (all electricity billed to the tenants).
What also makes this HMO so attractive is that the electricity bills for each unit are paid for by the tenants and with a fairly priced service charge of £1,655 Per Annum and Council Tax bill of £1,923.57 – We feel that this property makes an ideal investment opportunity.
Breakdown of Individual Bedsits:
Flat D - £795 pcm
Flat E - £750 pcm
Flat F - £750 pcm
Flat G - £900 pcm
Flat H - £800 pcm
Viewings can be made immediately – Call now to arrange an appointment.
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More information
Tenure
Leasehold (70 years)
Service charge
£1,655 per year
Council tax band
C
Ground rent
£200
Ground rent date of next review