£300,000
3 bed maisonette for sale
Ranmore Path, Orpington, Kent BR5Leasehold
3 beds
2 baths
2 receptions
EPC Rating: D
Key information
Tenure
Leasehold (89 years)
Service charge
Council tax band
C
Ground rent
Ground rent date of next review
About this property
Investment Opportunity or First Time Buy
HMO with Potential 15% Yield
Split Level Maisonette
998 Sq Ft
Balcony & Terrace
Chain Free
EPC D
Contact agent on Ext 122
Overview
Whether you're looking for a spacious 3 bed apartment, or an excellent investment opportunity, this could be the property for you! Currently set up as a 4 bedroom HMO with a 12% gross yield, this property offers huge potential to either convert to a 5 bed HMO with a potential yield of over 15% (subject to licensing & permissions), or to use as a sizeable 3 bed family home.
With a cosy private terrace at the entrance, on the first floor there is a good sized kitchen which is currently kitted out with fridges, a washing machine & tumble drier, gas hob and various other cooking appliances (all of which are included in the sale). On this floor, there are also 2 other large rooms which could be used as bedrooms, or a dining room & living room, or be knocked through to make a large reception room. The larger of the 2 rooms has access to a balcony at the front of the property with views of the green.
On the 2nd floor, there are 3 further good sized bedrooms, a 3 piece bathroom suite, a separate WC and separate shower cubicle.
4 of the 5 rooms also have hand basins and the property is being sold inclusive of all furniture (beds, wardrobes, tables & appliances etc)
Located a short 10 minute walk to St Mary Cray Railway Station, you have frequent trains into London Blackfriars and London Victoria, plus several good schools close by. With a parade of shops below for all your essentials, you also have the Nugent Shopping Park just a 15 minute walk away, making everything you could need very easily accessible.
Please contact the agent on ext 122 to book your viewing.
Leasehold Information
Number of years remaining on the lease: 89 years
Council tax band: C
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More information
Listed by
Keller Williams Advantage