HMOs for Sale
153 Links Road, London, SW17 9EW
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£1,200,000 Asking Price House of multiple occupation for saleDescription
Overview: Introducing a great investment opportunity in a prime London location. This 7 bed HMO has been refurbished within the last 2 years and offers 5 ensuite bedrooms and 1 shared bathroom. The property has been finished to a good standard and offers modern fixtures and fittings throughout. The property has a fully functional kitchen/dining area and offers a practical and bright sharing space for tenants. There is in addition, an outdoor space to the rear of the property which includes a bike storage area, increasing the communal space and practical function of this property.
Well Located: 153 Links Road is located in the Tooting area of the London Borough of Wandsworth. The location has excellent transport connections providing access to central London and surrounding areas.
Transport: Tooting railway station approximately 0.5 miles away, additionally, Tooting Broadway Underground station on the Northern Line is about a mile away, ensuring convenient travel across London. Major roads nearby, including the A24, offer easy road connections to other parts of the city.
Conclusion: The area offers easy access to shops, public transport, and one of the UK’s top hospitals, St George’s, enhancing everyday convenience. Its strong community and steady employment rates contribute to a stable and appealing neighbourhood environment.
Income;
Room 1 - £1100 / Room 2 - £1090 / Room 3 - £1100 /
Room 4 - £1100 / Room 5 - £875 / Room 6 - £1090 / Room 7 - £900
Total; £7,255.00 PCM / £87,060.00 PA
Expenditure;
Gas - £65 / Electric - £77 / Water - £34 / Council Tax - £ 487 / Cleaner - £50 / Broadband - £39 / Management - £725.50 / TV License - £13.25 /
Total; £1,490.75 PCM / £17,889.00 PA
Gross Yield: 7.26%
Additional Details
- Buyer Fee: 2.00% + VAT
- Tenure: Freehold
- Council Tax: £2,177 / year
- Council Tax Band: E
- Rights and Easements: Ask Agent
- Risks: Ask Agent
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Features
- 7 Bed, 5 Ensuite HMO In Tooting, London
- Fully Licensed and Managed
- Gross Income £87,060.00 PA
- Gross Yield 7.26%
- Prime Location With Article 4
- Strong Rental Income With Increase Potential
- Full Refurbishment Within The Last 2 Years
- Buyer's Fee Applies
Enquiry
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