End terrace house for sale in Cherry Lane, Crawley RH11

Connect UK Sales is delighted to offer this four-bedroom property to the market. It is located in the sought-after and convenient location of Langley Green, Crawley. This substantial property is perfect as a family home or as an investment.

Ground floor:
Entrance hall leading to:
Lounge: Double glazed window to front, radiator, ceiling rose light

Shower Room: Shower cubicle, W/C, sink basin, window, overhead cupboard, ceiling light
Kitchen: Range of eye level and under counter cupboards, double glazed windows to rear, door leading to side access to the garden, integrated oven with electric hobs, extractor fan, radiator, smoke alarm, utility area.

Dining room integrated into kitchen: Double doors to garden, radiator, ceiling light.

First floor:

Bedroom 1: Large double bedroom, radiator, double glazed window, ceiling light with fan

Bedroom 2: Double bedroom, radiator, double-glazed window, ceiling light.

Bedroom 3: Double bedroom, radiator, double-glazed window, ceiling light.

Bedroom 4: Large single room, radiator, double-glazed window, ceiling light.

Bathroom: Bath, sink basin, radiator, W/C double-glazed window to rear, ceiling light.

External grounds: Mainly laid to lawn with mature trees and shrubs

parking: Off-road parking

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HMO conversion potential

Conversion to six-bed HMO property - Estimated figures:

Cost of work to meet HMO legislation: Circa £40K

Room Prices:

Double Room: £750.00
Double Room: £750.00
Double Room: £700.00
Double Room: £725.00
Double Room: £725.00
Single Room: £650.00

Total Rent £ 4,300.00pcm
Sale Price: £ 450,000.00
Cost of Works: £ 40,000.00

ROI: 10.5%
gdv: Circa 22.5%

Bills: £ 150.00 per room x6 (£900.00 per month)
Council Tax - £ 160.00 (circa)
Wi-Fi - £ 40.00
Cleaner - £ 90.00
Gardner - £ 50.00
Connect UK Management - £100.00 per room

£ 2,460.00 a month.
£ 1,357.00 Mortgage (circa).

£ 1,103.00 Profit

viewing arrangements: All viewings are by appointment only. Please submit or contact us to book a viewing today.