Sutton, SM1

7 bedroom licensed HMO investment for sale. The property is located on the edge of Sutton Town Centre with easy access to all High Street Shops and British Rail Station

Details - DESCRIPTION

Split level 146 Sq m flat over first and second floors comprising 7 rooms, 2 bathrooms and kitchen / diner, The property has been used for many years as an HMO and on the 20th June 2019 the local council renewed its license

The property is in a tired condition and producing approximately £41,000 p/a - Gross initial yield 9.1%.

Landlord is currently responsible for water, gas, electric and council tax.

Guide Price £450,000 Long Leasehold (990 Years Remain)

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