Latest Valuation
£12,615
ROCE
174.49%
Location
Forest Gate

Rent to HMO Opportunity in Stratford / Forest Gate

The plan is to purchase the property on a rent-to-rent agreement, contactable on a 3 year clause with a option to increase.
Guide Price
£8,615

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Key Features

  • Return investment of 174.49% after 1 year
  • 7 double rooms
  • £1,539 monthly cash flow
  • HMO Licenced
  • HMO licenced
  • Private garden

The Property

Large Bedrooms
- 7 doubles
- 3 bathrooms
- Recently refurbished
- One Reception Room
- Large kitchen diner
- HMO Licensed
- Supported Living
- Private Garden
- Central heating
- Recently tenanted

Selling office: Sourced Huddersfield

Planning Information

N/A

The Plan

The plan is to rent this fully furnished and HMO licensed property to working professionals in the Forest gate, there is High demand for rooms to rent in Statford.

The financials:
▪ Rent: £8,615
▪ Current value: £12,615
▪ Sourcing fee: £4,000
▪ Annual profit: £18,468
▪ Annual rental income: £71,400
▪ Yield: 175%
▪ ROCE: 174.49%

The Location

Stratford is very convenient for other forms of commuting, too. Stratford underground, rail and DLR stations offer super-fast reliable links to the City, London City Airport, Eurostar and top commuting towns in Essex and to the east of London.

What’s more the development of the Elizabeth Line (currently estimated to be open in late 2020) will further boost Stratford’s rail connectivity.

Average estimated value for a house in E15 1EQ

£

Over the last 15 years or so, Stratford (east London) has been completely transformed.

Previously somewhat of an economic black hole, pre-Olympics Stratford needed a lot of TLC to get it ready for London 2012. A colossal renovation project took place.

Over 46,000 new jobs were created in the district, bringing with them a 30% increase in rail capacity and 20,000 new homes.

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