7 bed property for sale

Big Rooms! Communal Lounge! York Road, Southend On Sea SS1

7 Room HMO Investment Opportunity Southend

Property Overview

Peak Property are delighted to present a seven-room House in Multiple Occupation (HMO) set over 3 floors and conveniently situated close to Southend High Street shopping centre and a range of entertainment options. The main bus station is located at the top of the road, while both Southend Central and Southend Victoria mainline train stations are just a short walk from the property, offering excellent transport links.

Refurbishment and Furnishings

This property presents a fantastic opportunity to acquire a beautifully refurbished HMO, completed to a high standard with great attention to detail. The sale includes all furnishings, fixtures, and fittings, allowing for continued use as a fully equipped HMO.

Each room is fully furnished, featuring a double bed, desk, wardrobe and additional essentials. Every room is also equipped with its own kettle, and fridge, complete with a freezer compartment.

Communal Spaces and Facilities

Residents benefit from a spacious lounge/dining area which includes a wall-mounted 32-inch LCD TV with Freeview and a comfortable sofa. The property also offers a dining table and a generous kitchen area, fitted with an oven, larder fridge, microwave, washing machine, and tumble dryer (paid usage).

Current Occupancy and Income

The property is currently let to students, with tenancies set to expire during the summer. It is presently generating a rental income of £49,536 per annum.

Property Construction and Upgrades

The building is constructed from brick and mortar. A complete rewire was carried out, including an upgrade to a three-phase electrical system. The property was fully re-plumbed in 2013, and benefits from a dedicated boiler room with a pressurised system and a condensing boiler. Radiators are fitted with tamperproof TRVs. In addition, there is underfloor insulation on the ground floor.

Utilities and Connectivity

All utilities, including gas, water, electricity, and sewerage, are connected to the public supply. Fast broadband is available from select providers, and strong mobile coverage is also offered by some networks.

Parking and Additional Information

On-street parking is available with a valid permit, which can be obtained from the local council at a cost dependent on the number of tenants requiring a permit. There is also a nearby car park for additional parking options.
The property holds an EPC with a "C" rating issued in 2021 and falls within Council Tax Band "D".

Living room - 12'2" (3.71m) x 17'1" (5.21m)

Kitchen - 12'6" (3.81m) x 11'6" (3.51m)

WC - 2'11" (0.89m) x 6'3" (1.91m)

Shower Room 1 - 8'2" (2.49m) x 8'6" (2.59m)

Shower Room 2 - 4'11" (1.5m) x 9'2" (2.79m)

Room 1 - 16'5" (5m) x 16'1" (4.9m)

Room 2 - 13'5" (4.09m) x 15'5" (4.7m)

Room 3 - 16'1" (4.9m) x 14'5" (4.39m)

Room 4 - 13'1" (3.99m) x 13'5" (4.09m)

Room 5 - 12'10" (3.91m) x 11'2" (3.4m)

Room 6 - 21'4" (6.5m) x 13'1" (3.99m)

Room 7 - 11'2" (3.4m) x 13'9" (4.19m)

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own enquiries into the working order of these items. All measurements are approximate and photographs provided for guidance only .