4 Bedroom Terraced House Sold in London, SE18
| Reference | 53132 |
| Address |
77A Marmadon Road, London, SE18 (Map Location) |
| Beds | 4 |
| Baths | 2 |
| Type | Terraced house |
| Tenure | Freehold |
HMO - fully cashflowing, 9.5% yield, long term residents
Description
This 4 bed, 2 bathroom HMO for sale in London is a prime location in Greenwich Borough a 10 min walk to Plumstead station.
Mid terrace, 2 storeys, 4 bedrooms, 2 kitchens and producing £37k p.a in rent from professional tenants.
Located in the fast-regenerating SE18 area, this fully let 4-bedroom HMO offers has excellent transport links including Woolwich Arsenal (DLR and National Rail) and the high-speed Elizabeth Line targeting workers at Canary Wharf and the City.
SE18 also has plenty of bars, restaurants, gyms, a new cinema, parks like Woolwich Common and the Royal Arsenal Riverside.
There is tenant demand from the Queen Elizabeth Hospital and local business hubs, with strong growth potential over the next four years.
Article 4 restrictions in parts of SE18 limit new HMO development and thereby increasing demand and value for existing licensed stock.
£30k refurb in 2022, including Damp proofing; possibility to extend into roof to add cashflow / value STPP
Videos & further Financials upon request