- Outdoor Area
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LICENSED HMO BUILDING FOR SALE - The property is located on the southern side of Sussex Gardens, 200 meters from Paddington Station.
The property is a mid-terrace period town house, and is Grade II listed.
The accommodation is arranged on basement, ground and four upper floors, comprising of 20 letting rooms with communal bathroom and WC facilities.
94 year lease remaining. The ground rent is currently £600 per annum, rising to £900 per annum by December 2038, then further increasing by £300 every 25 years.
Annual rental income: £168,728
Regulated Tenants in Room 5A & Room 10
- 2 Studio Flats
- 1 Double Bedroom (Ensuite)
- 10 Double Bedrooms
- 7 Single Bedrooms
- 6 Bathrooms
- 2 WC's