55 Mayflower Road, Chafford Hundred, Grays, Essex, RM16 6BE
- PROPERTY TYPE
Detached
- BEDROOMS
5
- SIZE
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- TENUREDescribes 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
- Freehold
- Strictly by appointment with the Auctioneers
Description
HMO/RESIDENTIAL INVESTMENT: A FREEHOLD DETACHED PROPERTY OFFERED AS A SEVEN BEDROOM HMO WITH A POTENTIAL INCOME OF £55,800 PER ANNUM
A freehold detached house located in popular area close to the Harris Academy school. The property is within walking distance of Chafford Hundred Railway Station and Lake side shopping centre. The house is being offered as a 7 bedroom HMO with five of the rooms let producing an income of £41,400 PA with the potential income when fully let of £55,800. Alternatively it is considered that the could be returned back into a family home when vacant.
Entrance Hall
Living Room 21'3 x 11'5
Dining Room 12'9 x 10'7
Kitchen/Breakfast Room 14'5 x 10'6
Utility Room 5'10 x 5'10
First Floor Landing
Bedroom One 15'5 x 10'8 with En Suite Shower Room
Bedroom Two 12'5 x 11'5 with En Suite Shower Room
Bedroom Three 8'8 x 8'7
Bathroom/WC
Second Floor Landing
Bedroom
Bedroom
Bathroom/WC
Five rooms are let on tenancy agreements producing an income of £3450 pcm (£41,400 pa) The two vacant rooms are currently advertised at £600 pcm each. When fully let the ERV would be £55,800 PA
C
Brochures
Legal Documents- 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.
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- 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.
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- 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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55 Mayflower Road, Chafford Hundred, Grays, Essex, RM16 6BE
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Visit our security centre to find out moreDisclaimer - Property reference 292946. 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 Dedman Gray Auctions, Essex. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Dedman Gray Auctions, Essex on 01702 311010.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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