Location: Snowdrop Close, Crawley, West Sussex, United Kingdom
To make an offer: https://networkauctions.eigonlineauctions.com/lot/details/2334
(cut'n'paste above link)
"Key release" will be an option for the buyer. This means once you have exchanged you can have the keys to perform cosmetic works before completion. Please note this does not include structural works.
Any questions please email: james@powerbespoke.co.uk
This property requires updating and is the perfect opportunity for somebody to jump onto the property ladder and do the work as they go. In good condition these properties in this area sell from £245,000 - £255,000 in 2016.
The property was previously let at £980pcm but with a refurb could reach full potential at £1100pcm.
As an HMO (House of multiple occupancy) where you let by the room, an additional bedroom could be created downstairs allowing a monthly rental income of around £1900 from 3 doubles and 1 single bedroom.
At £200,000 the property offers a buy-to-let yield of 6.6% and an HMO yield of 11.4%.
PLEASE NOTE: This property is for sale via our ‘Committed Transaction’ method of sale giving buyer and seller more peace of mind. For more information, copy and paste the links below into your web browser:
Buyers Guide: https://networkauctions.eigonlineauctions.com/content/themes/24/documents/buyers-guide.pdf
Committed Transaction Information Video: http://www.powerbespoke.co.uk/benefits-to-selling-via-eauction/
