Surrey - £50K+ Below Market Value, Semi-Detached House - Click For More Info
Surface size
m²
Bedrooms
3
Bathrooms
Egham
01/09/2021
Details
Region:Surrey
City:Egham
Category:Property for Sale
Seller type: Agency
Property type: House
Number of bedrooms: 3
Date:01/09/2021
Description
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If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940
£50k+ BMV Student Property, Surrey
Semi-detached house let out on single tenancy
Linden Court, Egerton, Surrey, TW20 0TG
Market Value = £375,000+
Purchase Price = £325,000
Finder’s Fee = £3,000
Current Gross Income = £17,400 per annum
For a limited time only, we have managed to secure a student property let out on a single tenancy within a leafy suburb of Surrey.
The property is just over a mile walk from the Royal Holloway University and is popular with students and could alternatively form a nice family home.
The property is a 3-bed semi-detached house with 2 reception rooms, one of which has been converted to an additional bedroom, so that you have four tenants.
The property is currently let to 4 sharers on one tenancy agreement. The tenants are responsible for their own bills. There is high tenant demand in this area for good quality accommodation.
The current tenants are under contract until the summer of 2021, so there is guaranteed income for over 1 year.
In the future it may be possible to operate the property on a room by room basis and significantly increase the cash flow (subject to the necessary authority approvals).
If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting:
Apple Devices : Search for Property Investor in iOS app store
Android Devices : Search for Property Investor in Googleplay app store
If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940
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