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For Sale 27 Bedrooms 12 Bathrooms 0 Reception Guide Price £2,750,000

Ifield Road, West Green, RH11 - Guide Price £2,750,000

The Stamp Duty for this property would be £0    (Show break down) (Hide break down)

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This 27 executive room Licenced HMO property comprises of a three-storey converted office building of standard brick construction with a central access to the rear car park. Located on the edge of Crawley town centre and just 0.3 Miles from Crawley Train Station.

Current Gross Yield 8.6%.

All income and expenditure figures available by request.

Internally the property is configured into 27 HMO letting rooms all with a standard kitchen and shared bathroom facilities. There are two main entrances to the building which provides access to room 1-12 & 13-27 although you can cross the building internally. All rooms are fitted to a good specification incorporating double glazed window, carpeting, Howdens kitchens with fitted oven & hob with an extractor over, LED lighting, security ...Read More

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Letting Fee Information

1) Tenant Referencing Fee - 1st Applicant £200.00 + VAT = £240.00. Plus £100.00 + VAT = £120.00 for each tenant thereafter.

2) Admin Fee for Tenant  (Check out )
    Studios, One Bedroom, Two Bedrooms -  £120.00 + VAT £24.00 = £144.00
    Three Bedrooms -  £150.00 + VAT £30.00 = £180.00
    Four Bedrooms -  £200.00 + VAT £40.00 =£240.00
    Five Bedroom -  £250.00 + VAT £50.00 = £300.00

3) Holding Deposit - £300.00 which will be deducted off the first month’s rent.

4) Tenancy Renewal - £100.00 + VAT = £120.00

5) Tenancy Deposit - Typically six weeks of the monthly rent, lus first month’s rent in advance. (For Example. Rent £1000.00 per calendar month paid in advance. Tenancy Deposit £1500.00. (six weeks rent) full amount payable at start of tenancy £2500.00.)