6 Bed Terraced House For Sale Caernarvon Close, Hemel Hempstead, HP2
£635,000- Terraced
1 of 15
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Last Updated: 19th April 2024
Description
*Fantastic Investment Opportunity - Well established 6 Bedroom All En-Suite HMO in Hemel Hempstead*
We are delighted to bring to the market this established fully tenanted 6-bed all En-Suite HMO located in Hemel Hempstead. The property underwent a back-to-brick renovation in recent years (2016/2017), designed with tenant co-living in mind, and has been managed by a Barratt Sales and Lettings Limited since 2020 and is well maintained with minimal voids.
The ground floor comprises of two good sized bedrooms, both with En-Suite shower rooms, you then step down into the communal dining area and a bright communal kitchen/lounge space for tenants to enjoy. The stairs lead up to the first floor, which houses two further en-suite bedrooms and then up further to the top floor where the final two bedrooms and ensuite rooms are situated. There is a large garden mainly laid to lawn with a decking area and gate out to the alleyway that leads to Hemel Hempstead town centre.
The property is situated in Hemel Hempstead and is ideally located for tenants with the Town Centre, Amazon warehouse and a large Tesco a short drive away. Luton airport is a 30-minute drive away and the M25 around a 10 minute drive.
Income;
Room 1 - £675 / Room 2 - £625 / Room 3 - £775/
Room 4 - £750 / Room 5 - £675 / Room 6 - £700
Total; £4200 PCM / £50,400 PA (there is scope to improve the rents to current market rates).
**IMPORTANT** Potential Subsidence - This property is currently under monitoring right now due to issues caused by a nearby tree. The tree has recently been removed and no further subsidence movement registered but continues to be monitored by a contractor instructed by the insurance company. All details can be provided.
Council Tax Band: C
Tenure: Freehold
We are delighted to bring to the market this established fully tenanted 6-bed all En-Suite HMO located in Hemel Hempstead. The property underwent a back-to-brick renovation in recent years (2016/2017), designed with tenant co-living in mind, and has been managed by a Barratt Sales and Lettings Limited since 2020 and is well maintained with minimal voids.
The ground floor comprises of two good sized bedrooms, both with En-Suite shower rooms, you then step down into the communal dining area and a bright communal kitchen/lounge space for tenants to enjoy. The stairs lead up to the first floor, which houses two further en-suite bedrooms and then up further to the top floor where the final two bedrooms and ensuite rooms are situated. There is a large garden mainly laid to lawn with a decking area and gate out to the alleyway that leads to Hemel Hempstead town centre.
The property is situated in Hemel Hempstead and is ideally located for tenants with the Town Centre, Amazon warehouse and a large Tesco a short drive away. Luton airport is a 30-minute drive away and the M25 around a 10 minute drive.
Income;
Room 1 - £675 / Room 2 - £625 / Room 3 - £775/
Room 4 - £750 / Room 5 - £675 / Room 6 - £700
Total; £4200 PCM / £50,400 PA (there is scope to improve the rents to current market rates).
**IMPORTANT** Potential Subsidence - This property is currently under monitoring right now due to issues caused by a nearby tree. The tree has recently been removed and no further subsidence movement registered but continues to be monitored by a contractor instructed by the insurance company. All details can be provided.
Council Tax Band: C
Tenure: Freehold
Agent Details
Barratt Sales and Lettings
17 Ashbrook Road, Old Windsor, Windsor, SL4 2LT
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.