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Heath Road, Twickenham, Richmond Upon Thames

PROPERTY TYPE

House of Multiple Occupation

BEDROOMS

5

SIZE

2,338 sq ft

217 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

  • Fully Let Investment Opportuntity
  • Mixed-Freehold
  • Restaurant & 5-Room HMO
  • Gross Annual Yield of 8.38% at the Guide Price
  • Close Proximity to Twickenham Town Centre

Description

Dexters are delighted to present for sale a turn key fully-let freehold mixed-use investment opportunity featuring a restaurant (Class E) located on the ground floor with a five-bedroom House in Multiple Occupancy (HMO) occupying the first and second floors, each HMO room is currently let on Assured Periodic Tenancy agreements.

The overall square footage of the property is approximately 2,338 sq. feet.

The restaurant "Dhoom Bar & Grill" holds an active commercial lease for 15-years which commenced on the 14th July 2018 generating an annual income of £1,490 per calendar month (£17,880 per annum).

The fully-let five-room House in Multiple Occupancy (HMO) generates a GROSS income of £48,732 per annum.

The total combined Gross Income is £66,612 per annum, representing a Gross Annual Yield of 8.38% at the Guide Price.

Twickenham is within the London Borough of Richmond and is idyllically situated along the River Thames. Fondly named the home of the Rugby Football Union, with hundreds of thousands of spectators visiting Twickenham Stadium each year. Twickenham shopping centre is located within 500 meters providing a plethora of local shops, restaurants and Public Houses including the Waitrose and Partners supermarket. The property is located within 560 meters of the recently rebuilt Twickenham mainline station, offering direct services to London Waterloo with a journey time of circa 21 minutes.

Tenure - Freehold (HM Land Registry Title Number MX295837) sold with tenants in situ.

Brochures

Brochure
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: E
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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Heath Road, Twickenham, Richmond Upon Thames

Approximate location

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Affordability

Monthly repayments£3,859
Property: £ 795,000
Deposit: £ 79,500
Interest rate: 5.04%
Term: 30 years
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Renovation potential
Recently sold & under offer
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About Dexters Development & Investment, South London

Dexters Wimbledon, 12 The Broadway London SW19 1RF

Our dedicated team of specialists have a well-established track record in gaining our clients more than the market value for land/development/investment projects and new developments in London. We are members of RICS and our qualified chartered surveyors uphold their reputation for integrity and professionalism.

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Disclaimer - Property reference 108HeathRoad2. 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 Dexters Development & Investment, South London. 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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