72b, George Lane
London
E18 1JJ
A mid terrace property, currently arranged as a five bedroom HMO, benefitting from a rear garden, well located for the transport links and amenities of Basildon and Pitsea, with extension potential subject to requisite consents. Investment part let at £23,976.00 per annum (3 of 5 rooms let).
A two storey mid terrace property.
The property is currently arranged as a five bedroom house of multiple occupation.
Externally the property benefits from a rear garden.
Extension potential subject to requisite consents.
•Property Type: 5-bedroom terraced house
•Living Space: No separate sitting room, but a spacious kitchen/dining area where a sitting area can be set up easily
•Licensing: Structured as an HMO, but not currently HMO licensed
•Garden: Back garden available (we’ve collected quotations and plan to renovate it with a new look by next month). No front garden, but the front entry is spacious
•Parking: On-street parking is consistently available
•Floor Plan: Attached to the email
•EPC Rating: C
•Certificates:
oGas Safety Certificate – Up to date
oElectrical Safety Certificate – Up to date
Additional information
Tenure Freehold.
Accommodation
Ground Floor - Entrance Hallway, WC, Two Bedrooms, Shower Room/WC, Kitchen.
First Floor - Three Bedrooms, Bathroom/WC.
Tenancy
Room 1 - Let on an Assured Shorthold Tenancy £650 per calendar month (Holding Over).
Room 2 - Let on an Assured Shorthold Tenancy £700 per calendar month (Holding Over).
Room 3 - Let on an Assured Shorthold Tenancy £648 per calendar month (Holding Over).
Room 4 - Vacant. and Room 5 - Vacant. Vacant Rooms:
These could generate an estimated £650 and £670 per month respectively (including utility bills).
Rent
Current £23,976 per annum and Potential with all rooms let would be £39,816.00 with bills included worked out on approximate billing.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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