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8 bedroom semi-detached house for sale
Albert Road, Ashford
£575,000
Albert Road, Ashford
£575,000
Our Summary
- Fantastic Investment opportunity
- Nestled in the heart of Ashford on the prestigious Albert Road, this pre-1900 semi-detached house offers a tremendous investment opportunity for those seeking a property with great potential
- Boasting 2 kitchens and an impressive 8 bedrooms, this spacious property is perfect for those looking for a lucrative investment opportunity
- Investment Opportunity
Description
This pre-1900 semi-detached house on Albert Road in Ashford offers a fantastic investment opportunity. The property has been fully licensed as a HMO and is split into two separate units, with 8 bedrooms in total. The ground floor has three double bedrooms, a large kitchen, a shower room, and a separate WC, generating a total rental income of £1,780 per month. The first and second floors have five double bedrooms, a newly fitted kitchen, a bathroom, and a separate WC, generating a total rental income of £2,355 per month. The property also has a detached double garage that can generate extra income of £2,400 per annum, making it a versatile investment opportunity. With a total gross income of £4,840 per month and expenses of £769 per month, the net annual income is £48,850.44. The property has a proven track record and is a rare find in a highly sought-after street in the heart of Ashford.