Excellent HMO investment opportunity, income of £4,000pcm+ in Hounslow, West London

  • 525 £
  • Published date: January 31, 2015
    • Heathrow, South West London, London , United Kingdom

Please read all details and watch YouTube video, if you are serious about investing in this property and have the capital to do so, only then email me to express your interest, along with following:
Buyer name:
Buyer email:
Buyer Contact No.:
Your position in buying. i.e need to get mortgage, you are a cash buyer and do not require mortgage etc

Thank you

Video on YouTube site may be of better quality and performance. For this click video on right, then click YouTube.

Price: £525,000
Hounslow, West London, near Heathrow Airport

• EXCELLENT INVESTMENT OPPORTUNITY
• EIGHT BEDROOM PROPERTY
• FOUR WITH EN SUITES
• 25FT LONG KITCHEN/DINER
• 24FT LONG LOUNGE
• OFF STREET PARKING FRONT & REAR
• REAR GARDEN WITH ACCESS
• POTENTIAL £48,000 PLUS ANNUAL INCOME IF RENTED OUT FULLY
• THROUGH LOUNGE
• 2 LOFTS, ONE AS BIG AS A DOUBLE ROOM

Property description
Excellent investment opportunity offering a yearly income of approx £48,000 PLUS with a gross yield of 10%. Over 1400 sq. Ft.

This larger than average property is arranged over three floors and offers eight bedrooms, four with en suite shower/WC, kitchen/diner, through lounge and additional shower/WC. It also benefits from off street parking, rear garden with rear access and brick built shed. The property is fully double glazed throughout and has gas central heating.

This property has been run as a HMO. HMO license has expired and it is not required to get a HMO license currently, as property is not fully rented out. I have a few tenants in property and am keeping numbers low for viewings. New owner would be required to get a HMO license if you want to rent all rooms out. Price mentioned is non negotiable and I am willing to get license for additional fee and rent all rooms out to good working single people, which will take 2/3 weeks. This is quite straight forward to do yourself, even if you have no experience. I can assist if you need any help like to fill in HMO form, finding new tenants etc. or you can just get a managing company for a 5% monthly fee. HMO license will allow 10 residents, and current planning for property allow this property to be used as a C4 HMO.

I posses all certificates for HMO license (Emergency lighting, fire alarm, gas safe and electrical), which is required every 5 years, price is about £1000 for the 5 years, then following renewal price is lower around £700. The HMO certificate is from the local council and is required for all properties with 5 or more unrelated individual tenants.

No time wasters please, not interested in any offers. This is a type of property that does not be available for sale, and only to my overseas commitments I am willing to sell. I have found 2 companies nearby that will fully manage this property for a 5% fee. Only serious investors please, no time wasters.

Local Transport By Walk
10-15 minute walk to ZONE 5 HOUNSLOW WEST TUBE STATION on Piccadilly line
10-15 minute walk to ZONE 4 HOUNSLOW CENTRAL, HOUNSLOW EAST & OSTERLEY TUBE STATIONS on Piccadilly line

5 minute walk to BUS's nearby are 120, 111, H28, H91, 482 and H32. Bus routes to all terminals 1, 2, 3, 4, & 5 and at night. Other buses available from Hounslow West Tube station are: 81, 203, 222, H98. It takes 15 minutes on a bus to Heathrow Airport.

By Car
Near to A4 (Master Roberts Hotel) Hounslow
M4 nearby where you can come in and out from Heston Services.
10 minute drive to Heathrow Airport

Lounge
7.37m (24' 2") x 2.77m (9' 1")

kitchen/diner
7.80m (25' 7") x 2.77m (9' 1")

bedroom one
4.95m (16' 3") x 2.77m (9' 1")
With En Suite

bedroom two
3.05m (10' 0") x 2.64m (8' 8")

bedroom three
3.66m (12' 0") x 2.54m (8' 4")

bedroom four
2.79m (9' 2") x 2.44m (8' 0")

bedroom five
4.80m (15' 9") x 2.82m (9' 3")

bedroom six
5.82m (19' 1") x 2.46m (8' 1")
With En Suite

bedroom seven
3.73m (12' 3") x 3.71m (12' 2")
With En Suite

bedroom eight
3.78m (12' 5") x 2.82m (9' 3")
With En Suite

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