Semi-detached house for sale in Albert Road, Ashford TN24
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Property features
- EPC rating : E
- Council Tax Band : 14a B and 14B C
- Tenure : Freehold
- Turn Key Investment
- ROI in the region of 7% net
- ROI in the region of 9% gross
Property description
Nestled in the heart of Ashford on the prestigious Albert Road, this pre-1900 semi-detached house offers a fantastic investment opportunity for those seeking a property with great potential. Boasting 2 kitchens and an impressive 8 bedrooms, this spacious property is perfect for those looking for a lucrative investment opportunity.
The property is currently let as a fully licensed HMO and is split into two separate units.
14A Ground floor and accessed from Albert Road has three double bedrooms a large kitchen and a shower room as well as a separate WC.
Rental Income 14A B1 £600.00
Rental Income 14A B2 £580.00
Rental Income 14A B3 £600.00
14 b's First and Second floors are accessed from a side entrance in Hollington Place and have five double bedrooms, a newly fitted kitchen, a bathroom with an over bath shower, wash hand basin, and a WC as well as a separate WC.
Rental Income 14B B1 £600.00
Rental Income 14B B2 £555.00
Rental Income 14B B3 £600.00
Rental Income 14B B4 £555.00
Rental Income 14B B5 £455.00
Garage and Parking £200.00
Total Gross income (pcm) £4,745.00
Per Annum (Gross) £56,940.00
Expenses (pcm)
Council Tax. £298.00
Water Rates £129.20
Utilities £341.93
Expenses (pcm) £769.13
Expenses (Per Annum) £9229.56
Per Annum (Net) £47,710.44
The detached double garage provides parking for up to two vehicles, with additional space in front of the garage. It can generate extra income in the region of £2400.00 per annum, making this property a genuinely versatile investment.
We have been managing this property for over fifteen years and it has a proven track record over this time It is rare to find a property of this nature in a highly sought-after street in the heart of the old town.
14 A
Entrance Hallway
Wc
Shower Room
With double cubicle and separate wash hand basin
Room 1
£600 A lovely double room with a bay window overlooking the front of the property.
Room 2
£580.00 with door leading out onto a small patio this room benefits from its own private access meaning you can come and go as you please
Room 3
£600.00 With separate lounge area this room feels more like a studio and has window from the lounge area opening to the side as well as window from the bedroom opening to the rear
Kitchen
With fitted washing machine, oven and hob
14B
Hall
With stairs to the first floor
Landing
Doors to rooms 1 and 2 and door to kitchen
Kitchen
Newly fitted kitchen with oven and hob as well as washing machine.
Room 1
Room 2
Second Floor Landing
Room 3
Room 4
Room 5
Bathroom
With bath and over-bath shower as well as WC and wash hand basin
Wc
With WC and wash hand basin
Property info
Floorplan 14B Albert Road.pdf View original
View Floorplan 1(Opens in a new window)
Floorplan 14A Albert Road.pdf View original
View Floorplan 2(Opens in a new window)
For more information about this property, please contact
Martins Estates, TN24 on +44 1233 238654 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Martins Estates, and do not constitute property particulars. Please contact Martins Estates for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.