£295,000
4 bed terraced house for saleLarch Grove, Witham, Essex CM8
4 beds
2 baths
1 reception
EPC Rating: C
About this property
Calling All Investors - A Rare and Ready-Made HMO Opportunity!
This well-established five-bed licensed HMO presents an excellent opportunity for investors looking to expand their portfolio with a property that already benefits from long-term, reliable tenants in situ. Fully licensed for five occupants by Braintree District Council, this property offers immediate income with strong ongoing potential.
Ground Floor:
A welcoming entrance hallway leads to Room 1, a converted integral garage complete with its own ensuite shower room (WC and wash basin included). Room 2, previously used as a dining room, offers further letting potential. The communal lounge/diner features sliding doors opening onto the rear garden, while a separate WC adds convenience. The fully equipped kitchen includes fridge/freezers, washing machine, tumble dryer, microwave, and ample storage - everything required for a compliant and functional HMO setup.
First Floor:
The landing leads to the shared bathroom, Room 3 (a double bedroom), Room 4 (a double with its own private shower), and Room 5 (a single bedroom).
The property further benefits from solar panels, providing an additional income stream, and off-road parking for up to three medium-sized cars.
Financial information, including current income and expenses, is available on request.
This well-established five-bed licensed HMO presents an excellent opportunity for investors looking to expand their portfolio with a property that already benefits from long-term, reliable tenants in situ. Fully licensed for five occupants by Braintree District Council, this property offers immediate income with strong ongoing potential.
Ground Floor:
A welcoming entrance hallway leads to Room 1, a converted integral garage complete with its own ensuite shower room (WC and wash basin included). Room 2, previously used as a dining room, offers further letting potential. The communal lounge/diner features sliding doors opening onto the rear garden, while a separate WC adds convenience. The fully equipped kitchen includes fridge/freezers, washing machine, tumble dryer, microwave, and ample storage - everything required for a compliant and functional HMO setup.
First Floor:
The landing leads to the shared bathroom, Room 3 (a double bedroom), Room 4 (a double with its own private shower), and Room 5 (a single bedroom).
The property further benefits from solar panels, providing an additional income stream, and off-road parking for up to three medium-sized cars.
Financial information, including current income and expenses, is available on request.
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Monthly repayment
£1,475 per month
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