End terrace house for sale in 50 Morley Hill, Stanford-Le-Hope SS17

Introducing a fantastic opportunity to purchase this 8 bed, student HMO with good occupancy rates. To the ground floor there is an entrance hall, cloakroom/wc, kitchen, living room, three rooms and a shower room. The first floor accommodation comprises five rooms, bathroom, shower room and a kitchenette.

The Performers College, just half a mile from the property, ensures consistent tenant demand each academic year, with good historical occupancy rates.

Stanford-le-Hope is located 26 miles east of the London, with good transport connections and access to local amenities, including the nearest supermarket which is just 3 minutes drive from the property. Stanford Le Hope train station is within 2 miles serving London Fenchurch Street, offering tenants convenient access to the wider area.

Income;

Room 1 - £550 / Room 2 - £550 / Room 3 - £550 /
Room 4 - £550 / Room 5 - £550 / Room 6 - £550 /
Room 7 - £550 / Room 8 - £550
Total; £4,440.00 pcm / £52,800.00 pa

Expenditure;

Gas - £150 / Electric - £120 / Water - £150 / Council Tax - N/A /
TV License - £15 / Cleaner - £50 / Broadband - £100 / Management - £300
Total; £885 pcm / £10,620.00 pa