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Crabtree Lane, Hemel Hempstead, HP3 9EL

Guide Price £415,000Freehold

52

Key Information

Tenure:Freehold
Council tax band:D
Broadband:up to 1000Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

Licenced HMO House
FIVE Double Bedrooms all with sinks
Communal kitchen
Two bath/shower rooms
Current rent £36,300 potential to increase in summer
EPC C
Council tax band D

Description

BUY TO LET INVESTORS welcome to this HMO licensed house which will provide you with an immediate annual gross income of £36,300. The well-maintained property features five spacious double bedrooms, each with a sink and offering a comfortable and private retreat for its occupants. The house is thoughtfully designed to accommodate shared living with a communal kitchen, fostering a sense of community and convenience for all residents.

The shared kitchen is equipped with modern amenities, allowing residents to prepare meals together and enjoy a social atmosphere. With two bath/shower rooms, the property ensures that morning routines and daily schedules can be efficiently managed, providing convenience for all tenants.

Presented in good condition, this HMO-licensed house is not only a practical investment but also a welcoming home for its residents. The property currently has five tenants in situ, all on Assured Shorthold Tenancy agreements (AST), offering stability and a reliable gross income stream of £36,300 pa for potential investors.

If you are looking for well-managed shared sound investment opportunity, this HMO-licensed property with its multiple double bedrooms, shared facilities, and existing tenancy agreements is ready to fulfill your requirements. Don't miss the chance to be a part of this thriving property investment.

Property is offered as seen with all furniture and appliances.

Situated within walking distance of Apsley BR station with its train links to London Euston and the bustling town centre of Hemel Hempstead where there is access to a plethora of shops, restaurants, and amenities.
The canal close by offers picturesque walks

Arrange Viewing

Tudor Primary School
(0.19 miles)
Good
Number of pupils: 440
Age Range: 3 - 11
Lime Walk Primary School
(0.47 miles)
Good
Number of pupils: 202
Age Range: 3 - 11
The Hemel Hempstead School
(0.63 miles)
Good
Number of pupils: 1255
Age Range: 11 - 18
South Hill Primary School
(0.65 miles)
Good
Number of pupils: 411
Age Range: 5 - 11
The Reddings Primary School
(0.67 miles)
Good
Number of pupils: 213
Age Range: 3 - 11
Broadfield Academy
(0.69 miles)
Number of pupils: 397
Age Range: 3 - 11
Belswains Primary School
(0.7 miles)
Good
Number of pupils: 314
Age Range: 3 - 11
Saint Albert the Great Catholic Primary School
(0.82 miles)
Good
Number of pupils: 231
Age Range: 3 - 11
Two Waters Primary School
(0.87 miles)
Outstanding
Number of pupils: 230
Age Range: 3 - 11
Hobbs Hill Wood Primary School
(0.93 miles)
Good
Number of pupils: 470
Age Range: 3 - 11

Payment Calculator

Mortgage

Estimated Monthly Mortgage Payment:
£2,183 /mo.25 Years, 5% Interest
Loan
£373,500
Total Repay
£655,033

Stamp Duty

You’ll have to pay the stamp duty of:
£8,250
0% up to £250,000
5% between £250,000 and £925,000
Your effective stamp duty rate is 1.99%

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