The subject property is located on the southern side of Cranford Lane, in the highly popular location of Hillingdon, Hayes, Middlesex.
The property is entered from street level to a larger than average entrance hallway, The kitchen hosts a range of limed oak base and eye level units with integrated appliances. A short set of stairs lead from the hallway to the large lounge/dining room, spanning the rear of the building. Patio doors overlook the attractive garden which has an office within the outbuilding.
Kitchen: 5.1m x 3.4m
Lounge/Diner 10.4 x 3.4m
Bedroom 1: 5.1m x 3.4m
Bedroom 2: 5.1m x 3.4m
Bedroom 3: 3.8m x 2.3m
Garage: 5.1m x 3.4m
Garden Office: 3.9m x 3.4m
We understand the property is connected to mains electric, gas, water and drainage.
The property is freehold
Due to the opening of London Crossrail in 2019 excellent capital growth should be expected to continue as house prices have increased by over 25% in the last two years.
The property is currently let to two tenants who pay a combined rental of £18,636 per annum (£1,553 per calendar month), reflecting a yield of 3.58%.
The third room was recently vacated, but was achieving £898 per calender month. Providing a total potential income of £29,412 per annum. Representing a gross yield of 5.66%.
The property is rated in Council Tax Band E. Council Tax payable (2016/2017) is £1,697.58p.a.
To view this property, please contact John Pye Property – email@example.com – 0115 970 6060
4 Cranford Lane
✓ Potential rent £29,412 pa
✓ Three bedroom barn conversion
✓ Potential for rear extension
✓ Boiler less than two years old
✓ Good size south facing rear garden
✓ Garden office
✓ Integrated garage
✓ Highly up and coming area
✓ Close to Cross rail, due to complete 2019
✓ Good transport links
✓ Close to Heathrow Airport
Phone: 0115 970 6060
Our Ref: PR262