London Development Ridgeway

Ongoing

Purchased for £90,000.00 BMV (below market value) this large semi-detached, five bedroom house located in the afluent London suburb of Chingford is being developed into a eight bed HMO, to maximise the return the property has been licensed as a HMO and tenanted for up to six persons whilst development is ongoing, on completion a new license will be completed for a minimum of eight persons, generating a net return pcm (per calendar month) of £3450.00.