Freehold HMO investment for sale in Southwark

This property is marketed by:
Vesta Property

Property information

• Fully HMO licenced
• 6 x double bedrooms 
• 3 of the bedrooms come with ensuite shower room
• The other tenants have use of a shared bathroom
• Shared kitchen/dining room
• Access to the garden via the living room
• EPC rating C
• Council tax band D

Rental information

• The property is fully let and achieves:
• Total rent pcm: £5,890
• Total rent pa: £70,680
• The vendor believes that the rents can be increased to £74,640 pa by January 2024

Running costs

The vendor states the running costs are on average £970 per month, excluding management fee.

Location information

• The property is located in Southwark
• Bermondsey tube is the closest station, just 4-minutes from the property
• The local amenities can all be reached within a short walk
• There is also a bus stop a short walk away with regular services around London
• Southwark Park is less than 10-minutes away

Note

Please note that Vesta has not visited this property and that the vendor has provided all material.