- 11 bedrooms
- 11 bathrooms
- 1 reception room
- Rental Income ÃÂ£70,500 pa, With Further Scope
- 11 Self Contained Flat Lets
- Sort After Location Bengeo (Hertford)
- Substantial Plot
- Walking to Local Shops & Transport
- Close to Hertford Town Centre
- Plenty of Parking
Description A one off fantastic investment opportunity.
A Large Detached Dorma Bungalow arranged to provide ËEleven Residential Units
Each Residential Unit subject to an Assured Shorthold Tenancy.
Typical annual rental income around Â£70,500. No Rent arrears or non-paying tenants and all tenants are professionals .
The previous owner has owned this for over 10 Years and has virtually 100% occupancy levels.
There is further scope for improvement and offers an excellent investment opportunity to increase rental income.
In addition, the plot offers excellent scope for further development.
The property comprises of two floors with ample parking facilities. And is internally arranged to provide 11 residential units with 9 units on the ground floor and two larger style units on the first floor.
Each unit has its own pay as you go electric meter and the property has recently had three large new mega flow water cylinders installed with certificates.
Furthermore, all Electrical and Fire Certificates are available
Property meets current epc requirements at band E level
Located in Central Bengeo, which has great amenities including Excellent local shops and great local eatery style pubs. You are close enough to walk to both Hertford East and Hertford North Stations and the lovely Hertford Town with an amazing range of unique shops, coffee houses and evening Online Estate Agent is the vendor's agent for this property. Whilst every effort is made to ensure its accuracy the matters referred to in this description should be independently verified by prospective purchasers or tenants. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. View more View less