6 bedroom terraced house for sale

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6 bedroom terraced house for sale

Caernarvon Close, Hemel Hempstead
£560,000

Our Summary

  • *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
  • Income;Room 1 - £675 / Room 2 - £625 / Room 3 - £775/Room 4 - £750 / Room 5 - £675 / Room 6 - £700Total; £4200 PCM / £50,400 PA (there is scope to improve the rents to current market rates)

Description

This fantastic investment opportunity is a well-established 6-bedroom all-en-suite HMO in Hemel Hempstead, fully tenanted and managed by Barratt Sales and Lettings Limited since 2020. The property underwent a back-to-brick renovation in 2016/2017 and has been maintained with minimal voids. The ground floor features two bedrooms with en-suite shower rooms, a communal dining area, and a bright kitchen/lounge space. The first and second floors have four additional en-suite bedrooms. The property has a large garden, is situated near Hemel Hempstead town center, and is within a 10-minute drive to the M25 and 30-minute drive to Luton airport. The current income is £4,200 per month, with scope to increase rents to current market rates. The property was previously under monitoring due to internal cracks caused by a nearby council-owned tree, but the tree has been removed and no further movement has been registered.
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