£499,950
6 bed terraced house for saleClare Road, Stanwell TW19
6 beds
2 baths
EPC Rating: D
Gregory Brown
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About this property
6 bed licensed HMO
Approx. £60,000 annual income (previous year)
Established investment with proven track record
Two bathrooms
Or a 4 bed family home
Two reception rooms
Ideal for portfolio landlords & HMO investors
Licensed HMO Investment Opportunity – Approx. 10% Yield with Proven Income or a 4 bedroom family home.
Gregory Brown are delighted to offer for sale this fully licensed House in Multiple Occupation (HMO), representing an excellent investment opportunity with a strong and established income stream. The property is currently let to a local authority, with a reported annual income in the region of £60,000 over the previous year. There may also be opportunities for a new owner to further enhance and increase the annual revenue, subject to the necessary arrangements. Offering an approximate yield of around 10%, this property is ideally suited to investors looking to expand their portfolio or acquire a well-performing HMO with a proven track record.
The property could also be used for a family home offering four bedrooms, two reception rooms and two bathrooms close to to local shops at a clare as well as schools and buses.
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