Springwell Avene, London NW10

Property Details: • Type: N/A

• Bedrooms: 7 • Bathrooms: 0

Description: An attractive opportunity to acquire a substantial residential investment property currently configured as an 8-unit HMO/multi-let property, offering an established rental income and an attractive accommodation mix.<br><br>The property extends to approximately 2,056 sq ft (191 sq m) over three floors and has been arranged to provide a combination of studio-style accommodation and bedsit units, creating a diverse tenant mix within a single freehold property.<br><br>The property benefits from an existing HMO licence, with separate Council Tax allocation for each unit, and is currently producing a total rental income of approximately £8,107.86 per calendar month, equating to £97,294.32 per annum.<br><br>The property also benefits from a large rear garden measuring approximately 43’11” x 18’9” (13.4m x 5.7m), together with accommodation arranged over ground, first and second floors.<br><br>This represents an opportunity for an investor to acquire a substantial income-producing residential asset with eight rental units already established within the property, offering the potential for a straightforward continuation of the existing multi-let strategy.<br><br>Flat 1 - £1050 pcm<br>Flat 2 - £927 pcm<br>Flat 3 - £1350 pcm<br>Flat 4 - £950 pcm<br>Flat 5 - £925 pcm<br>Flat 6 - £925 pcm<br>Flat 7 - £796.36 pcm<br>Flat 8 - £1184.50 pcm<br><br>Gross rental income: £97,294.32 per annum.<br><br>Further information, tenancy details and the HMO licence are available upon request.<br><br>Please note that prospective purchasers should satisfy themselves as to the current planning, licensing, tenancy and Council Tax arrangements prior to purchase.