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8 bedroom semi-detached house for sale
Albert Road, Ashford
£575,000
Albert Road, Ashford
£575,000
Price History
Initial price | £625,000 |
21/11/24 | £575,000 |
Price Change | -8.00% |
Description
This charming pre-1900 semi-detached house on Albert Road in Ashford offers a fantastic investment opportunity with great potential. The property is currently a fully licensed HMO, split into two separate units, with 14A having three double bedrooms, a large kitchen, and a shower room, and 14B having five double bedrooms, a newly fitted kitchen, a bathroom, and a separate WC. The property generates a total gross income of £4,745 per month, with expenses of £769.13 per month, resulting in a net income of £47,710.44 per annum. The detached double garage provides parking for up to two vehicles and can generate extra income of £2,400 per annum. With a proven track record over 15 years of management, this property is a rare find in a highly sought-after street in the heart of the old town, offering a lucrative investment opportunity for those seeking a property with great potential.