Default £400,000

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5 bedroom Flat for sale

Hertford Road, Edmonton

  • Flat
  • 5 bed
  • 5 bath

Key Features

  • 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

Description

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.


Location


Floorplan

Floorplan

EPC

EPC for Hertford Road, Edmonton

*This mortgage calculator is provided for general information purposes only. It's intended to provide you with an estimate of your potential mortgage payments and does not constitute an offer of finance or advice. The calculations are based on the information you provide and do not take into account your individual needs and circumstances.

The calculator does not include all the costs you will need to pay when taking out a mortgage. Your actual mortgage payments may be higher or lower than the estimates provided by this calculator. The interest rates used in the calculations are subject to change and may not reflect the actual rates available in the market.

Please note that the calculator does not consider changes in interest rates over time, early repayment charges, or any other fees and charges that may apply to your mortgage. You should always seek professional advice before making any financial decisions.

Remember, your home may be repossessed if you do not keep up repayments on your mortgage.

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020 8804 8989

Call Breens Highams Park & Chingford

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