This property has been taken off the market.

9 Bed Of Multiple Occupation House For Sale Crawley, RH10

£850,000- Of Multiple Occupation

1 of 15
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 8th May 2024

Description

Attractive nine-bedroom HMO (House of multiple occupancy) situated on a large plot with gardens on all sides and is accessed via a country lane. \r
\r
This high-end house of multiple occupancy comprises eight double bedrooms, one ensuite, and a further single bedroom perfect for the investor looking to expand their portfolio with an ROI of 7.9% with the potential to achieve 8.9% with rent increases.\r
\r
The property provides scope for further extension and is located within easy reach of Gatwick Airport, access to major motorways, and transport links. \r
\r
** Lounge/Communal Area with Feature Fireplace \r
** Large Fitted Kitchen with Access to Rear of Property\r
** Utility Room\r
** Ground Floor Shower Room\r
** Bathroom with Shower \r
** Separate W/C\r
** 9 Bedrooms Fully Tenanted \r
** Gas Central Heating\r
** Double Glazed Windows\r
** Wrap Round Gardens with Courtyard Area\r
** Parking for Multiple Cars\r
** ROI: 7.9% with Potential for 8.9% with Rent Increases \r
** Market Value Rents\r
** Fully Licenced \r
** Easy Access to Motorway \r
** Close to Gatwick Airport\r
\r
UPVC front door with side double glazed panels leading to the porch, inner front door with glazed panels. \r
\r
GROUND FLOOR:\r
\r
Entrance / Lounge area with brick-built feature fireplace, spotlights, laminate flooring, double glazed window to front, emergency lighting, smoke alarms, doors leading to the kitchen, ground floor shower room, utility room, four bedrooms, and stairs to the first-floor landing. \r
\r
Bedroom 1: Double room, double-glazed window to front, brick-built feature fireplace, radiator, laminate flooring, smoke alarm, and spotlights.\r
\r
Bedroom 2: single room, double-glazed window to front, radiator, laminate flooring, smoke alarm, and spotlights.\r
\r
Bedroom 3: Double room, brick-built feature fireplace, double glazed window, heater, wall light, ceiling light pendant, smoke alarm, door leading to a study area with double glazed window and UPVC frosted glazed door leading to the rear courtyard area. \r
\r
Bedroom 4: Double room, double-glazed window, radiator, laminate flooring, smoke alarm, spotlights.\r
\r
Ground floor shower room: Shower cubicle with electric shower, sink, low-level w/c, towel radiator, tiled flooring, extractor fan, and spotlights.\r
\r
Utility room with window, overhead cupboards, sink with undercounter cupboard. \r
\r
kitchen with a range of eye level and under counter cupboards, double glazed windows to rear and side, UPVC door with frosted glass to the rear of the property, built-in oven with gas hobs, extractor fan, radiator, smoke alarm. \r
\r
\r
FIRST FLOOR:\r
\r
Stairs leading to first floor, banister, radiator, emergency lighting, loft access, smoke alarms, doors to:\r
bathroom, separate w/c, storage, and five further bedrooms.\r
\r
Bedroom 5: Double room, double-glazed window, smoke alarm, radiator\r
\r
Bedroom 6: Double room, double-glazed window, smoke alarm, ceiling light, radiator\r
\r
Bedroom 7: Double room, double-glazed window, smoke alarm, light, radiator\r
\r
Bedroom 8: Double room with ensuite, double-glazed window, smoke alarm, spotlights, radiator, door leading to ensuite comprising of bath with screen, electric shower, sink basin, low-level w/c, double-glazed window, and towel radiator.\r
\r
Bedroom 9: Double room, double-glazed window, radiator, smoke alarm, and light pendant. \r
\r
Bathroom: Shower cubicle with electric shower, sink basin, towel radiator, double-glazed window to rear, laminate floor, light with pull cord.
Agent Details
Connect-UK
Richmond House 105 High Street, Crawley, RH10 1DD

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 9 bedroom property. See more properties like this.

£850,000
Crawley, RH10
Of Multiple Occupation
3
See More Properties
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.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested