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Trehurst Street, Homerton, London E5

For sale
  • An HMO investment opportunity located in a trendy part of East London, Homerton.
  • Located just 0.5 miles from Homerton Station (Overground), offering quick and easy access into the City and central London.
  • The asset has been recently refurbished to an incredibly high standard and is in excellent condition throughout.
  • The building comprises six rooms, five of which are en-suite, as well as a communal kitchen, utility room and communal garden.
  • GIA – 1,552 sq ft.
  • Currently producing an annual rent roll of £66,900 per annum.
  • It is our opinion that some of the units are underlet and that there is the potential to increase the rental income to in the region of £70,000 per annum.
  • Potential to re-configure the building and add one additional room as well as self-contain each unit.
  • Guide Price - £1,100,000 (One Million One Hundred Thousand Pounds) subject to contract, reflecting a gross yield of 6.08% and a capital value of £708 psf.
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