A great opportunity to acquire a fully refurbished HMO property in the sought-after area of Greenford, within the Ealing Borough. The property holds a valid HMO licence for 5 years and features 7 spacious bedrooms, 5 modern bathrooms, a large kitchen/diner, a driveway accommodating 2–3 cars, and a generous back garden.
Conveniently located, the property benefits from a bus stop directly in front, offering 24-hour service to Heathrow Airport. It's also within close proximity to Greenford Market, local parks, schools, and essential amenities.
Currently tenanted, this property offers the advantage of long-term tenants, providing an ROI of over 8% – significantly higher than the London HMO average. The current annual rental income is £66,000.
Property Layout: Ground Floor: A large kitchen/diner with access to the back garden, two double bedrooms with en-suites, two single bedrooms, and one shared bathroom. Upper Floor: Two double bedrooms with a shared bathroom, and one double bedroom with an en-suite.
This is a prime investment opportunity not to be missed!
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Shaw & Co Estate Agents - Whitton. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Shaw & Co Estate Agents - Whitton for full details and further information.