Stanley Road, Teddington, Middlesex, TW11

Dexters are delighted to offer this turnkey residential investment opportunity currently set up as a fully-let income producing nine-room House of Multiple Occupancy (HMO) set within an attractive Victorian four-storey building.

One of only a few licenced HMO's within the Borough of Richmond upon Thames, the property has been operating as a HMO successfully for the last fifteen years.

Currently fully let with a GROSS ANNUAL INCOME OF £80,820 (Eighty Thousand, Eight Hundred and Twenty Pounds) representing an annual yield of 6.9% at the Guide Price.

The current units have some long-standing tenants offering the scope for a rent review.

The overall square footage of the building is circa 1,905 sq. ft (177 sq. m) and was comprehensively refurbished to a high standard in conjunction with Richmond Borough Council approximately fifteen years ago.

The property boasts high specification kitchens and bathroom fittings, inlaid wooden doors with contour handles, wash basins in all rooms, UPVC double glazing, a fire alarm, cycle store and a communal garden.

Stanley Road is located within 600 meters of Teddington town centre offering a plethora of local shops, cafés and restaurants.

Teddington train station is within 850 meters offering direct trains to London Waterloo whilst Bushy Park the second-largest of London's eight Royal Parks is within 500 meters.

Tenure: HM Land Registry Title Number SGL219846