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Sold STC

Madeira Avenue, Bromley, Bromley, BR1 4AS

Guide Price £675,000Freehold

631

Key Information

Tenure:Freehold
Council tax band:Not available
Broadband:up to 31Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

5 Room and one fully self contained studio
Communal landscaped garden to the rear
Converted to HMO in 2018
Currently generating £3550pcm
Fully let HMO investment opportunity
Off street parking

Description

*HMO Investment Opportunity* The Address are delighted to offer this property that has been converted in to an HMO and is fully let. 

Currently generating £3550pcm with room for growth. All private tenants on AST's. 

The current owner converted the property in 2018 to an HMO with a superb finish which has been highly desirable for incoming tenants. Some tenants have been in residence since it has been first let.  

Located on a quiet road in Shortlands the property has easy access to Bromley Town Centre and Shortlands High Street. 

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Parish Church of England Primary School
(0.51 miles)
Number of pupils: 608
Age Range: 4 - 11
Bishop Challoner School
(0.56 miles)
Number of pupils: 450
Age Range: 3 - 18
Valley Primary School
(0.61 miles)
Good
Number of pupils: 434
Age Range: 3 - 11
Burnt Ash Primary School
(0.65 miles)
Outstanding
Number of pupils: 419
Age Range: 5 - 11
Rangefield Primary School
(0.69 miles)
Requires Improvement
Number of pupils: 394
Age Range: 3 - 11
St Mary's Catholic Primary School
(0.72 miles)
Number of pupils: 416
Age Range: 4 - 11
St Christophers The Hall School
(0.75 miles)
Number of pupils: 265
Age Range: 2 - 11
Harris Primary Academy Shortlands
(0.83 miles)
Outstanding
Number of pupils: 384
Age Range: 4 - 11
Good Shepherd RC School
(0.94 miles)
Good
Number of pupils: 223
Age Range: 3 - 11
Bonus Pastor Catholic College
(0.96 miles)
Outstanding
Number of pupils: 893
Age Range: 11 - 16

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£3,551 /mo.25 Years, 5% Interest
Loan
£607,500
Total Repay
£1,065,415

Stamp Duty

You’ll have to pay the stamp duty of:
£21,250
0% up to £250,000
5% between £250,000 and £925,000
Your effective stamp duty rate is 3.15%
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