Property for sale in Oakmead Place, Mitcham CR4

£625,000
Interested in this property? Call +44 1484 973126 * or Request Details

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Property for sale - 6 bedrooms

6 2 EPC Rating: C EPC Rating: C

Tenure:
Freehold
Council tax band:
E

Property features

  • 6 bed, 3 En-suite HMO
  • Close Links Nearby For Central London
  • Rent Increase Potential
  • Gross Income £58,800 pa
  • Gross Yield 9.41%
  • Buyer's Fee Applies

Property description

Introducing a fantastic opportunity to purchase this 6 bed 3 en-suite HMO with easy access to central London.
The property consists of 6 furnished bedrooms, with 3 en-suites, 1 private off suite and 1 shower Room. The kitchen diner is at the heart of the property and opens on to a well maintained garden area for additional socialising space. The property managed by a local specialist HMO agent who would be happy to continue the management of the property if desired by the next landlord.
Mitcham has a range of local amenities, including shops, restaurants, and leisure facilities, as well as good transportation links, including several railway stations and bus services, making commuting to other parts of London convenient and accessible. Colliers Wood Underground is a 17 minute walk from the property and allows access into central London as well as the surrounding areas.

Income
Room 1 - £925 / Room - 2 - £825 / Room 3 - £700 / Room 4 - £825 / Room 5 - £725 / Room 6 - £900
Total £4,900 pcm / Total £58,800 pa

Expenditure
Gas - £164 / Electric - £108 / Council Tax- £192 / Water - £76 / Cleaner - £90 / Broadband - £35 / TV License - £13.12 / Management - £588
Total £1,266.12 pcm/ Total - £15,193.44 pa

Property info

Screenshot 2023-12-13 135001 View original

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For more information about this property, please contact
Invest in HMOs, HD8 on +44 1484 973126 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Invest in HMOs, and do not constitute property particulars. Please contact Invest in HMOs for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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