HMO Sales Expert are specialists within the HMO and multi-unit marketplace across the UK. Our experienced team has a combined 100+ years of specific HMO experience including investing, managing, developing, valuing and selling. Every property is exclusively listed, direct to landlord, visited and quality-checked by our team and is sold with NO BUYER FEES or reservation costs. Full access to every financial detail and a pro-active and time-served team to assist you. Introducing 48 Gressenhall Road, SW18 5QJ – a superb 4-bed maisonette HMO situated in the highly sought-after Wandsworth area. This property generates an impressive annual income of £40,200 and is fully managed by a dedicated local agent, ensuring seamless operations and tenant satisfaction. Boasting excellent condition and a well-run management system, this investment offers both stability and potential for future growth. The maisonette’s prime location in Wandsworth enhances its appeal, providing easy access to local amenities, transport links, and recreational facilities. With its strong rental income and attentive management, 48 Gressenhall Road stands out as an exceptional investment opportunity in a popular and thriving community. Income Breakdown (Monthly): Room 1: £800.00 Room 2: £800.00 Room 3: £800.00 Room 4: £950.00 Total Monthly Income: £3350.00 Annual Income: £40200.00 Expenditure Breakdown (Monthly): Gas: £93.00 Electric: £64.12 Water: £43.53 Council Tax: £80.00 TV License: £13.30 Broadband: £29.69 Management: £221.00 Total Monthly Expenditure: £544.64 Annual Expenditure: £6,535.68 Net Annual Income: £33,664.32 (calculated as Total Income - Total Expenditure) Gross Yield: 8.24% (calculated as Annual Income / Purchase Price) Net Yield: 6.90% (calculated as Net Annual Income / Purchase Price) Commentary: The room rates and expenditure figures are based on current data. The property's financial performance indicates a gross yield of 8.24% and a net yield of 6.90%, reflecting its potential as a valuable investment. This financial summary does not account for potential vacancy periods or additional management costs not listed, which could impact net income and yield calculations.
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