Albert Road, Ashford

£575,000 Guide Price
  • Availability: For Sale
  • Bedrooms: 8
  • Bathrooms: 2
  • Reception Rooms: 2
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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 Summary

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.

Full Details

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

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