6 bedroom terraced house for sale

Leander Road, Brixton, London SW2 2LL

Offers Invited

Property Description

Key features

  • Investors - Look At This
  • Huge house split into Room lets
  • 6 bedrooms all with Ensuite shower rooms
  • 4465 monthly rental income currently generated
  • Potential to improve and increase rental income levels

Full description

Tenure: Freehold

EWEMOVE BRIXTON - RESIDENTIAL HMO INVESTMENT OPPORTUNITY. Excellent investment opportunity. A large Victorian House currently split into 6 bedrooms all with ensuite shower rooms & rented on AST's generating a monthly income of £4465pcm (higher potential), £53,580pa.

This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% plus VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed Reserve Price which is generally no more than 10% in excess of the Starting Bid/guide price. Both the Starting Bid and Reserve Price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is powered by iam-sold Ltd. TO VIEW OR MAKE A BID - Contact EweMove Brixton or visit: https://www.iamsold.co.uk/auction/properties/bb50cf3d3e3f4c278bae9e99c23bf7d7



A large Victorian terraced house currently split into 6 bedrooms all with ensuite shower rooms and rented on AST's as rooms generating a monthly income of £4465pcm (£53,580pa). Potential for further improvement & increased income levels up to £65,000pa once loft conversion finished and let. Available by Auction Guide Price £1,100,000

Currently split into 6 separate rooms all with an ensuite facility and with an HMO license for 6 single occupancy tenancies, the rooms are currently rented under separate tenancy agreements and together currently generate a monthly income of £4465pcm (£53,580pa). The house also offers the potential for a 7th room in the loft space (not currently finished) which subject to final planning consent and HMO licencing could bring the monthly income to £5365pcm (£64,380pa). With some further maintenance and improvements made to the house there is no reason why the rental income could not generate more in the future.

As a rented property the tenants have a shared kitchen/dining room, plus garden area they can all use. 4 of the rooms have their own kitchen/prep area which is a great benefit to tenants. All the rooms have their own private ensuite shower room. some of the rooms are already fitted out with their own fridge/freezer and all rooms are furnished.

VIEWING TIMES - Viewing times are strictly by prior appointment via Ewemove.

This home includes:

  • Entrance Hall

  • Room 1

    Baw window to front, working surface with sink and storage unit.

  • Ensuite Shower Room

    Shower cubicle, wash basin, wc

  • Room 2

    Window to rear

  • Ensuite Shower Room

    Shower cubicle, wash basin, wc

  • Basement

    The basement is approached off the hallway.

  • Kitchen / Dining Room

    Located at the rear of the house, open plan living/dining room to kitchen, double doors to rear. Fitted wall and base units, oven and hob, space for appliances, central heating boiler (untested), window to rear overlooking the garden.

  • Landing

    Split level landing

  • Room 3

    Window to rear and side, working surface with sink and storage unit.

  • Ensuite Shower Room

    Shower cubicle, wash basin, wc

  • Room 4

    Window to rear, fitted wardrobe cupboard

  • Ensuite Shower Room

    Shower cubicle, wash basin, wc

  • Room 5

    Bay window to front, further window to front, built in wardrobe cupboard, working surface with sink and storage cupboard

  • Ensuite Shower Room

    Shower cubicle, wash basin, wc

  • Room 6

    Window to rear, working surface with sink and storage unit

  • Ensuite Shower Room

    Window to side, shower cubicle, wash basin, wc

  • Attic

    This is a potential 7th room with an Ensuite facility - this area needs to be finished off and final planning and building regulation approval sought.

  • Garden

    Front and rear gardens

  • Please note, all dimensions are approximate / maximums and should not be relied upon for the purposes of floor coverings.

Additional Information:

  • Investment Opportunity

    House with HMO License

  • 6 bedrooms all with ensuite shower rooms

    Kitchen/Dining room/Lounge

  • Garden and Cellar

    Huge potential to improve and increase rental income levels

  • Viewing by prior appointment only

  • Energy Performance Certificate (EPC) Rating:

    Band E (39-54)


Marketed by EweMove Sales & Lettings (Herne Hill & Brixton ) - Property Reference 18009


More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
10 July 2018

Nearest stations

  • Herne Hill (0.7 mi)
  • Brixton (0.9 mi)
  • Tulse Hill (0.9 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:

EweMove, Greater London

Cavendish House Littlewood Drive, West 26 Industrial Estate, Cleckheaton, BD19 4TE

01274 399044 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.

Floorplans


To view this property or request more details, contact:

EweMove, Greater London

Cavendish House Littlewood Drive, West 26 Industrial Estate, Cleckheaton, BD19 4TE

01274 399044 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

  • Herne Hill (0.7 mi)
  • Brixton (0.9 mi)
  • Tulse Hill (0.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

EweMove, Greater London

Cavendish House Littlewood Drive, West 26 Industrial Estate, Cleckheaton, BD19 4TE

01274 399044 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 18009. 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 EweMove, Greater 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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