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3 bedroom maisonette for sale
Ranmore Path, Orpington, Kent
£300,000
Ranmore Path, Orpington, Kent
£300,000
Our Summary
- Currently set up as a 4 bedroom HMO with a 12% gross yield, this property offers huge potential to either convert to a 5 bed HMO with 15% gross yield (subject to licensing & permissions), or to use as a sizeable 3 bed family home
Description
This spacious 1,000 sqft apartment, spanning two floors, offers a unique opportunity for renovation and expansion. Currently set up as a 4-bedroom HMO with a 12% gross yield, it has the potential to be converted into a 5-bedroom HMO with a 15% gross yield, subject to licensing and permissions. Alternatively, it can be used as a large 3-bedroom family home. The property features a private entrance with a cozy terrace, a well-equipped kitchen, and three further good-sized bedrooms, a bathroom suite, and separate WC and shower cubicle on the second floor. The property is being sold inclusive of all furniture and appliances, and is located just a 10-minute walk from St Mary Cray Railway Station, with frequent trains to London. The area also boasts several good schools, a parade of shops, and the Nugent Shopping Park within walking distance.