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To book a viewing for this property, please call Howgates, on 01375 671635.

To book a viewing for this property, please call Howgates, on 01375 671635.

For Sale
£500,000 Guide Price

House Of Multiple Occupation, Morley Hill, Stanford-Le-Hope, SS17

Morley Hill, Stanford-Le-Hope, SS17

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Howgates

Howgates, 5 Kings Parade King Street

Description

10% Yield! Nestled in the heart of a thriving community, this 8-bedroom House of Multiple Occupation (HMO) offers a rare opportunity for an astute investor or those seeking a property in close proximity to Performers College. With a renewal of its licence, this property is not only a student's dream but also an investor's gem. Its advantageous location ensures easy access to road, rail, and bus links, making commuting a breeze. The property's current gross yield of over 10% speaks volumes about its lucrative potential. Situated on a charming corner plot in a sought-after area, this HMO boasts a harmonious blend of communal living spaces and private bedrooms, catering to the needs of all tenants. The strong demand from tenants underscores the desirability and comfort that this property offers.

Take advantage of this rare opportunity to own a property that not only promises a high quality of living for tenants but also serves as a sound investment for the savvy buyer looking to capitalise on a prime location and strong rental demand.

Key Features

  • 8 Bedroom Student HMO - Generating £650pcm per room
  • Walking Distance To Performers College
  • Recently Renewed License
  • Easy Access to Road, Rail and Bus Links
  • Current Gross Yield of over 10%
  • Corner Plot in Popular Area
  • Communal Living Space as Well As Private Bedrooms
  • Communal Living Space
  • Strong Tenant Demand

Property Details

  • Property type: House Of Multiple Occupation
  • Plot Sq Feet: 57,393 sqft
  • Council Tax Band: F
Please note, property and plot sizes displayed are for guidance purposes only and may have been derived from publicly available information over which neither the agent nor Street.co.uk have control.

Rooms

Room One

Currently Generating £550pcm

Room Two

Currently Generating £550pcm

Room Three

Currently Generating £550pcm

Room Four

Currently Generating £550pcm

Room 5

Currently Generating £550pcm

Room 6

Currently Generating £550pcm

Room 7

Currently Generating £550pcm

Room 8

Currently Generating £550pcm

Kitchen

Living Room

Outside Spaces

Garden

Location

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By Howgates

Disclaimer - Property ID 7ce78532-a097-461e-a73e-1fe020a4cb7e. The information displayed about this property comprises a property advertisement. Street.co.uk and Howgates makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Street.co.uk has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the advertising agent. Please contact the agent or developer directly with any questions about this listing.