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Freehold

Offers in region of

£575,000

8 bed semi-detached house for sale

Albert Road, Ashford TN24
8 beds
2 baths
2 receptions
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Offers in region of

£575,000

8 bed semi-detached house for sale
Albert Road, Ashford TN24

    • 8 beds

    • 2 baths

    • 2 receptions

  • EPC Rating: E

Freehold

About this property

  • Investment Opportunity with £25,000 cashback incentive on completion

  • ROI in the region of 7% net, ROI in the region of 9% gross

  • Tenure : Freehold

  • EPC rating : E

  • Council Tax Band : 14a B and 14B C

  • ROI in the region of 9% gross

£25,000 cashback incentive on completion. 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.

The property is currently let as a fully licensed HMO and is split into two separate units.

14A Ground floor and accessed from Albert Road has three double bedrooms, a large kitchen, a shower room, and a separate WC.

Rental Income 14A B1 £600.00
Rental Income 14A B2 £580.00
Rental Income 14A B3 £600.00

14 b's First and Second floors are accessed from a side entrance in Hollington Place and have five double bedrooms, a newly fitted kitchen, a bathroom with an over bath shower, wash hand basin, and a WC as well as a separate WC.

Rental Income 14B B1 £600.00
Rental Income 14B B2 £555.00
Rental Income 14B B3 £600.00
Rental Income 14B B4 £555.00
Rental Income 14B B5 £550

Garage and Parking £200.00

Total Gross income (pcm) £4,840.00

Per Annum (Gross) £58080.00

Expenses (pcm)

Council Tax. £298.00

Water Rates £129.20

Utilities £341.93

Expenses (pcm) £769.13

Expenses (Per Annum) £9229.56

Per Annum (Net) £48,850.44

The detached double garage provides parking for up to two vehicles, with additional space in front of the garage. It can generate extra income in the region of £2400.00 per annum, making this property a genuinely versatile investment.

We have been managing this property for over fifteen years and it has a proven track record over this time It is rare to find a property of this nature in a highly sought-after street in the heart of the old t

14 A

Entrance Hallway

Wc

Shower Room

With double cubicle and separate wash hand basin

Room 1 (4.30m x 4.10m (14'1" x 13'5" ))

£600 A lovely double room with a bay window overlooking the front of the property.

Room 2 (3.37m x 3.35 m (11'0" x 10'11" m ))

£580.00 with door leading out onto a small patio this room benefits from its own private access meaning you can come and go as you please

Room 3 (3.80m x 2.41m (12'5" x 7'10" ))

£600.00 With separate lounge area this room feels more like a studio and has window from the lounge area opening to the side as well as window from the bedroom opening to the rear

Kitchen (3.79 x 3.02 (12'5" x 9'10" ))

With fitted washing machine, oven and hob

Room 4 (3.82m x 2.27 m (12'6" x 7'5" m ))

Hall

With stairs to the first floor

Landing

Doors to rooms 1 and 2 and door to kitchen

Kitchen (2.58 x 2.41 (8'5" x 7'10" ))

Newly fitted kitchen with oven and hob as well as washing machine.

Room 1 (4.41m x 4.29m (14'5" x 14'0" ))

Room 2 (3.98m x 3.60m (13'0" x 11'9" ))

Second Floor Landing

Room 3 (4.55 x 4.13 (14'11" x 13'6" ))

Room 4 (3.94m x 3.37m (12'11" x 11'0" ))

Room 5 (3.80 x 2.99 (12'5" x 9'9" ))

Bathroom

With bath and over-bath shower as well as WC and wash hand basin

Wc

With WC and wash hand basin

More information

  • Tenure

    Freehold

  • Council tax band

    C

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