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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 1000Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

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

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. 

Viewings not available

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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