£600,000
7 bed detached house for saleLong Road, Canvey Island SS8
7 beds
4 baths
2 receptions
EPC Rating: C
About this property
Fully licensed and compliant 7-bedroom HMO, providing a ready-made investment opportunity
Currently fully tenanted, delivering immediate rental income from day one.
Strong gross rental income of £4,875 per calendar month (£58,479 per annum).
Well-configured layout with seven spacious bedrooms, appealing to professional tenants.
Two bedrooms benefit from in-room washing facilities, enhancing tenant convenience.
Largest bedroom includes a private en-suite, supporting premium rental potential.
Two communal kitchen areas, offering practical shared living arrangements.
Additional front entrance, improving accessibility and tenant flow.
Generous rear garden with summer house and separate bathroom, creating additional usable space.
Offered fully furnished, ensuring a turnkey investment with minimal upfront setup.
This substantial property features four ground-floor bedrooms, two of which benefit from in-room washing facilities, in addition to two ground-floor W/Cs. Residents have access to a well-appointed shared kitchen, complemented by an additional communal kitchenette. A secondary front entrance provides convenient access for tenants.
The first floor comprises three further bedrooms, including the largest room in the property, which benefits from a private en-suite bathroom. This level also offers a communal living area and a shared bathroom. The property is offered fully furnished, ensuring a ready-made income-producing asset.
Externally, the property boasts a generous rear garden, featuring a summer house with its own separate bathroom, enhancing the overall appeal for occupants.
The property currently generates:
Gross monthly income: £4,875
Gross annual income: £58,479
Approximate monthly utility costs: £944
Bedroom 1
16m2 - £672 pcm
Bedroom 2
16m2 With Ensuite - £737 pcm
Bedroom 3
9m2 - £693 pcm
Bedroom 4
20m2 - £758 pcm
En-suite
6m2 For Bedroom 4
Bedroom 5
18m2 - £693 pcm
Bedroom 6
11m2 - £628 pcm
Bedroom 7
10m2 With Ensuite - £693 pcm
Bathroom
8m2
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