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£450,000

Wood Vale, Hatfield, Hertfordshire, AL10

  • 7 beds
Terraced house
Under offer/SSTC

£450,000

  • 7 beds
Terraced house
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Estimate monthly mortgage payment:

£2,054 per month

Minimum deposit amount:

£22,500
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 *  HMO Licence in place for six tenants **

INVESTMENT OPPORTUNITY 

Excellent location - Town centre 

       *  Train station & buses 

       *  Town centre - with all the Local Amenities 

       *  University, Schools & Business Park 

       *  Up and coming area - Current Town Centre redevelopment

Additional features:

       *  HMO Licence in place for six tenants

       *  Originally a Spacious five bedroom family home 

       * For Rental -  4 x Double & 3 Single Bedrooms 

       *  Kitchen & Separate Dining Room

       *  Bathroom & Shower-Room

       *  Gas C/H to Radiators 

       *  Large Garage & Own Driveway

       *  Rear Garden

This three-story town house is one of the larger ones in this area and has great potential for a spacious family home. Originally 5-bedroomed with kitchen, dining room and large lounge. Thoughtfully transformed into 7 or 8 bedroom Multiple Occupation (HMO) ideal investment property. 

The property currently has a valid HMO license for 6 tenants and subject to application, has the potential for an 8 x tenanted HMO licence, generating increased rental income. 

Some properties in the area have also converted the garage for additional living space (subject to planning application).

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£2,054 per month
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Stamp Duty tax
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£1,250
Mortgage and legal costs:
£999
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