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HMO INVESTMENT - Long Road, Canvey Island

£600,000
Wilsonwood Properties, Canvey Island - Sales
PROPERTY TYPE

Mixed Use

SIZE

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Key features

  • READY MADE INVESTMENT
  • 7 BEDROOM HMO
  • VARIETY OF ROOM SIZES TO MAXIMISE DEMAND
  • SHARED KITCHEN AND COMMUNAL AREA
  • SEVERAL EN-SUITE / WASH FACILITIES
  • GROSS INCOME OF £4875 INCOME PER CALENDAR MONTH
  • GROSS INCOME OF £58,479 INCOME PER ANNUM

Description

WilsonWood are delighted to present EXCELLENT INVESTMENT opportunity to acquire a FULLY CONFIGURED, FULLY LICENSED, FULLY TENANTED 7 Bedroom HMO currently bringing in a MONTHLY GROSS INCOME OF £4875 PER CALENDAR MONTH.

This LARGE PROPERTY boasts FOUR GROUND FLOOR BEDROOMS with 2 benefiting from washing facilities as well as 2 ground floor W/Cs. There is a SHARED KITCHEN SPACE as well as an ADDITIONAL KITCHENETTE SPACE for communal use. The property benefits from an additional front door for easier access for tenants.

The First Floor comprises of three Bedrooms with the largest bedroom in the property benefiting from a separate ENSUITE. There is also a Communal Space as well as a communal Bathroom. The property comes completely furnished.

Externally there is a fantastic size garden complete with a SUMMER HOUSE with its own separate Bathroom.

Across the 7 Tenants the property is generating:

Gross Income of £4875 PCM
Gross Income of £58,479 PA
With Monthly Utility expenses of Approx £944 PCM

Tenure: Freehold

Kitchen

12m²

Bedroom 1

16m² - £672 PCM

Bedroom 2

16m² With Ensuite - £737 PCM

Bedroom 3

9m² - £693 PCM

Bedroom 4

20m² - £758 PCM

En-suite

6m² For Bedroom 4

Bedroom 5

18m² - £693 PCM

Bedroom 6

11m² - £628 PCM

Bedroom 7

10m² With Ensuite - £693 PCM

Bathroom

8m²

Brochures

Brochure

HMO INVESTMENT - Long Road, Canvey Island

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Benfleet Station1.7 miles
  • Leigh-on-Sea Station3.1 miles
  • Pitsea Station4.1 miles
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About Wilsonwood Properties, Canvey Island - Sales

Unit 1&2 Elm Place, 39-43 High Street Canvey Island SS8 7RD SS8 7AT
Industry affiliations:

Welcome to Wilsonwood Properties Ltd, Estate & Letting agents.

For selling, buying, & renting, Wilsonwood Properties offer exceptional value and service, free market appraisals & extensive marketing for all properties from small bungalows, executive houses, commercial & retail premises

Our Directors Pat Wilson & Darren Wood have over 60 years experience in the property market.

Our prominent town centre location in Furtherwick Road provides the perfect position to market and sell or rent your property.

We have an excellent reputation for our personal service and our enthusiastic team will guide you through the selling or letting process.

Notes

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Disclaimer - Property reference CS0033. 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 Wilsonwood Properties, Canvey Island - Sales. 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.

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