Get brand editions for GBP Estates , Romford

Land for sale

Mawney Road

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Property Description

Key features

  • 6 ROOM HMO WITH LAND ATTACHED WITH PLANNING
  • TOTAL INCOME PA 50592.00
  • YEARLY INCOME FOR HMO 47592.00
  • ADMIN OFFICE AT REAR OF HMO WITH YEARLY INCOME OF 3000.00
  • APPROXIMATELY YIELD OF 6.5%
  • PLANNING AGREED FOR 2 BED NEW BUILD + STUDY
  • PLANNING REFERENCE P1948.17.
  • SECTION 106 PAYMENT PAID BY VENDOR
  • PARKING FOR 6 CARS

Full description

Tenure: Freehold

Fully managed HMO in Romford, Essex, bringing in income per month of £3966.00. (£47592.00 per year)
Administration office bringing in income of £250.00 per month. (£3000.00 per year)
Total income for HMO and Admin office: £50592.00
Planning permission granted for a 2 Bedroom + Study House with its own parking space and rear garden.
The Section 106 payment of £6000.00 as well as solicitors fees of approximately £2000.00 paid by the current vendors
Total income per month £4216.00
Total income per year £50592.00

Flat 1 Room and parking
Flat 2 Room and parking
Flat 3 Room and parking
Flat 4 Room with no parking
Flat 5 Room with no parking
Flat 6 Room with no parking
Administration office with parking

Please contact GBP Developments by Friday 21st September to register your interest.
 


Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
18 May 2018

Nearest stations

  • Romford (0.4 mi)
  • Gidea Park (1.4 mi)
  • Emerson Park (2.1 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

GBP Estates , Romford

35 Victoria Road, Romford, RM1 2LH

01708 504455 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Romford (0.4 mi)
  • Gidea Park (1.4 mi)
  • Emerson Park (2.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

GBP Estates , Romford

35 Victoria Road, Romford, RM1 2LH

01708 504455 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 102807002299. 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 GBP Estates , Romford. 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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