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SOLD STC

Morley Hill, Stanford-Le-Hope, SS17

PROPERTY TYPE

House of Multiple Occupation

BEDROOMS

8

BATHROOMS

4

SIZE

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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 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

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.

Room One

Currently Generating £650pcm

Room Two

Currently Generating £650pcm

Room Three

Currently Generating £650pcm

Room Four

Currently Generating £650pcm

Room 5

Currently Generating £650pcm

Room 6

Currently Generating £650pcm

Room 7

Currently Generating £650pcm

Room 8

Currently Generating £650pcm

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: F
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Private garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Morley Hill, Stanford-Le-Hope, SS17

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About Howgates, Stanford Le Hope

5 Kings Parade King Street Stanford-Le-Hope SS17 0HA
Industry affiliations:

Welcome to Howgates Estate Agents

Our Microsite will be the answer to all of your property needs. Feel free to have a look around and be sure to check out our latest property listings. If you can't find what you're looking for, simply contact one of our offices

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Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£2,326
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference 009799dc-9997-4b71-80aa-f98f5e2f254b. 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 Howgates, Stanford Le Hope. 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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