• Opportunity to acquire a reversionary HMO Investment.
• The property is located 0.5 miles from Rayners Lane Station (Metropolitan & Piccadilly Line).
• The building comprises 6 self-contained rooms.
• GIA – 1,389 Sq ft
• 5 rooms are rented and 1 is vacant.
• Total Rent - £62,804 per annum
• The ERV based off the LHA rates equates to £78,912 per annum
• Freehold
• Guide Price – Offers In Excess Of £750,000 (Seven Hundred Fifty Thousand Pounds) subject to contract. A purchase at this level reflects a gross yield of 8.4% off the current rent and 10.5% off the ERV.
