£600,000

Long Road, Canvey Island, SS8

7 Bed

4 Bath

3 Car

£600,000

Long Road, Canvey Island, SS8

7 Bed

4 Bath

3 Car

Share this listing

Fully licensed and compliant 7-bedroom HMO, providing a ready-made investment opportunity

Currently fully tenanted, delivering immediate rental income from day one.

Strong gross rental income of £4,875 per calendar month (£58,479 per annum).

Well-configured layout with seven spacious bedrooms, appealing to professional tenants.

Two bedrooms benefit from in-room washing facilities, enhancing tenant convenience.

Largest bedroom includes a private en-suite, supporting premium rental potential.

Two communal kitchen areas, offering practical shared living arrangements.

Additional front entrance, improving accessibility and tenant flow.

Generous rear garden with summer house and separate bathroom, creating additional usable space.

Offered fully furnished, ensuring a turnkey investment with minimal upfront setup.

An Outstanding Investment Opportunity To Acquire A Fully Configured, Licensed, And Tenanted Seven-bedroom Hmo, Currently Generating A Gross Rental Income Of £4,875 Per Calendar Month.

This substantial property features four ground-floor bedrooms, two of which benefit from in-room washing facilities, in addition to two ground-floor W/Cs. Residents have access to a well-appointed shared kitchen, complemented by an additional communal kitchenette. A secondary front entrance provides convenient access for tenants.

The first floor comprises three further bedrooms, including the largest room in the property, which benefits from a private en-suite bathroom. This level also offers a communal living area and a shared bathroom. The property is offered fully furnished, ensuring a ready-made income-producing asset.

Externally, the property boasts a generous rear garden, featuring a summer house with its own separate bathroom, enhancing the overall appeal for occupants.

The property currently generates:

Gross monthly income: £4,875

Gross annual income: £58,479

Approximate monthly utility costs: £944

Bedroom 1

16m² - £672 PCM

Bedroom 2

16m² With Ensuite - £737 PCM

Bedroom 3

9m² - £693 PCM

Bedroom 4

20m² - £758 PCM

En-suite

6m² For Bedroom 4

Bedroom 5

18m² - £693 PCM

Bedroom 6

11m² - £628 PCM

Bedroom 7

10m² With Ensuite - £693 PCM

Bathroom

8m²

Location

More Information

Council Tax Band E
Domestic Rates 0.00

Share this listing

Property enquiry form background image

Property Enquiry

Request submitted!

Something went wrong.