Connect UK Sales is delighted to offer this four-bedroom property to the market, located in the sought-after and convenient location of Langley Green, Crawley.
This spacious end-of-terrace house comprises four double rooms, a reception room, a kitchen, a bathroom, a downstairs shower room, and front and rear gardens.
The property provides ample opportunity to build and extend and lends itself well to a potential HMO conversion due to its proximity to Gatwick Airport and spacious room layouts
Key Features
- Spacious throughout
- Driveway
- Good-sized garden
- Close to Gatwick Airport and local transport links
- Suitable for HMO conversion
- Tenure: Freehold
Description
Connect UK Sales is delighted to offer this four-bedroom property to the market. It is located in the sought-after and convenient location of Langley Green, Crawley. This substantial property is perfect as a family home or as an investment.
GROUND FLOOR:
Entrance hall leading to:
Lounge: double glazed window to front, radiator, ceiling rose light
Shower Room: Shower cubicle, W/C, sink basin, window, overhead cupboard, ceiling light
Kitchen: Range of eye level and under counter cupboards, double glazed windows to rear, door leading to side access to the garden, integrated oven with electric hobs, extractor fan, radiator, smoke alarm, utility area.
Dining room integrated into kitchen: double doors to garden, radiator, ceiling light.
FIRST FLOOR:
Bedroom 1: Large double bedroom, radiator, double glazed window, ceiling light with fan
Bedroom 2: Double bedroom, radiator, double-glazed window, ceiling light.
Bedroom 3: Double bedroom, radiator, double-glazed window, ceiling light.
Bedroom 4: Large single room, radiator, double-glazed window, ceiling light.
Bathroom: Bath, sink basin, radiator, W/C double-glazed window to rear, ceiling light.
EXTERNAL GROUNDS: Mainly laid to lawn with mature trees and shrubs
PARKING: Off-road parking
HMO Conversion Potential
Conversion to six-bed HMO property – Estimated figures:
Cost of work to meet HMO legislation: Circa £40K
Room Prices:
Double Room: £750.00
Double Room: £750.00
Double Room: £700.00
Double Room: £725.00
Double Room: £725.00
Single Room: £650.00
Total Rent £ 4,300.00pcm
Sale Price: £ 450,000.00
Cost of Works: £ 40,000.00
ROI: 10.5%
GDV: Circa 22.5%
Bills: £ 150.00 per room x6 (£900.00 per month)
Council Tax – £ 160.00 (circa)
Wi-Fi – £ 40.00
Cleaner – £ 90.00
Gardner – £ 50.00
Connect UK Management – £100.00 per room
£ 2,460.00 a month.
£ 1,357.00 Mortgage (circa).
£ 1,103.00 Profit
VIEWINGS
Individual viewings are by appointment only – contact us to schedule yours now.
Want to know more? Get in touch now to discuss this property and your requirements