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50 Morley Hill, Stanford-le-Hope, SS17 8HY

PROPERTY TYPE

End of Terrace

BEDROOMS

8

BATHROOMS

2

SIZE

1,615 sq ft

150 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • 8 Bed HMO
  • Corner Plot Property With Driveway
  • Student HMO With Strong Tenant Demand
  • Well Established
  • Gross Income £52,800.00 PA
  • Gross Yield 10.06%
  • Buyer's Fee Applies

Description

Introducing a fantastic opportunity to purchase this 8 bed, student HMO with good occupancy rates. To the ground floor there is an entrance hall, cloakroom/wc, kitchen, living room, three rooms and a shower room. The first floor accommodation comprises five rooms, bathroom, shower room and a kitchenette.

The Performers College, just half a mile from the property, ensures consistent tenant demand each academic year, with good historical occupancy rates.

Stanford-le-Hope is located 26 miles east of the London, with good transport connections and access to local amenities, including the nearest supermarket which is just 3 minutes drive from the property. Stanford Le Hope train station is within 2 miles serving London Fenchurch Street, offering tenants convenient access to the wider area.

Income;

Room 1 - £550 / Room 2 - £550 / Room 3 - £550 /
Room 4 - £550 / Room 5 - £550 / Room 6 - £550 /
Room 7 - £550 / Room 8 - £550
Total; £4,440.00 PCM / £52,800.00 PA

Expenditure;

Gas - £150 / Electric - £120 / Water - £150 / Council Tax - N/A /
TV License - £15 / Cleaner - £50 / Broadband - £100 / Management - £300
Total; £885 PCM / £10,620.00 PA

Brochures

Brochure of 50 Morley Hill

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: C

50 Morley Hill, Stanford-le-Hope, SS17 8HY

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stanford-le-Hope Station1.7 miles
  • Basildon Station2.4 miles
  • Laindon Station2.5 miles
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About the agent

Investinhmos.co.uk, Huddersfield

HD8 8EL

Investinhmos.co.uk, Huddersfield

Investinhmos.co.uk is a leading UK investment property company, offering expert guidance and support to investors looking to maximise their returns in the lucrative UK property market. With a focus on high-yield HMO properties.

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Industry affiliations

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Disclaimer - Property reference TSC-17956783. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Investinhmos.co.uk, Huddersfield. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.

**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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