4 Bedroom Flat for sale

Investor heaven! - rarely available four bedroom flat with A hmo license in the heart of north harrow. Four bedroom flat above shops. Located 5 minutes walk to North Harrow (Metropolitan Line) Station, Tesco, local shops and bus routes to Harrow and Pinner. The property is entered from the rear and offers spacious living split over two floors. Three double bedrooms and a single room, modern bathroom and fitted kitchen with a light filled spacious lounge/diner. The property will inherit a new 12 month / 6 month break ast at £1,600pcm commencing Aug 2015. We can advise that if rented on a room let it is possible to achieve approximately £2,500 pcm. The property currently has a hmo licence for up to 5 people. Yield on room let at £2,500pcm - 10.8%. Yield on a singe ast at £1,600pcm - 6.91%.We have been advised that the property has a 69 year lease remaining. There are no service charges and the ground rent is £100 P/A. The price is reflecting the length of the current lease. To renew the lease potential buyers are urged to seek legal advise before proceeding. The area: North Harrow is a lovely area with great local shops. This property has a Tesco Express on its door step! Great restaurants and transport links in to Harrow and the City. Bus routes to Westminster University are an added bonus.