Terraced house for sale in Caernarvon Close, Hemel Hempstead HP2
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Property description
Description
*Fantastic Investment Opportunity - Well established 6 Bedroom All En-Suite HMO in Hemel Hempstead*
We are delighted to bring to the market this established fully tenanted 6-bed all En-Suite HMO located in Hemel Hempstead. The property underwent a back-to-brick renovation in recent years (2016/2017), designed with tenant co-living in mind, and has been managed by a Barratt Sales and Lettings Limited since 2020 and is well maintained with minimal voids.
The ground floor comprises of two good sized bedrooms, both with En-Suite shower rooms, you then step down into the communal dining area and a bright communal kitchen/lounge space for tenants to enjoy. The stairs lead up to the first floor, which houses two further en-suite bedrooms and then up further to the top floor where the final two bedrooms and ensuite rooms are situated. There is a large garden mainly laid to lawn with a decking area and gate out to the alleyway that leads to Hemel Hempstead town centre.
The property is situated in Hemel Hempstead and is ideally located for tenants with the Town Centre, Amazon warehouse and a large Tesco a short drive away. Luton airport is a 30-minute drive away and the M25 around a 10 minute drive.
Income;
Room 1 - £675 / Room 2 - £625 / Room 3 - £775/
Room 4 - £750 / Room 5 - £675 / Room 6 - £700
Total; £4200 pcm / £50,400 pa (there is scope to improve the rents to current market rates).
**important** Potential Subsidence - This property is currently under monitoring right now due to issues caused by a nearby tree. The tree has recently been removed and no further subsidence movement registered but continues to be monitored by a contractor instructed by the insurance company. All details can be provided.
Council Tax Band: C
Tenure: Freehold
Property info
For more information about this property, please contact
Barratt Sales and Lettings Limited, SL4 on +44 1753 903897 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Barratt Sales and Lettings Limited, and do not constitute property particulars. Please contact Barratt Sales and Lettings Limited 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.