3 bed terraced for sale in Flat 3 18 Hertford St
Flat 3 18 Hertford St, London W1J 7RT
Property overview
3 bedrooms / 2 bathrooms Approx. 1,670 sq ft internal Approx. 150 sq ft patio Share of freehold Large roof area with development potential Previous planning for an additional bedroom suite lapsed in 2022 Potential lift / roof development opportunity Rental income: £6,000 Service charge: £4,500 Held within Gouray Ltd – BVI Current asking/reference price: £3,000,000 Currently understood to be unencumbered
Financials
Estimated Yearly Rent
N/A
Bedrooms
3
LHA Rate
N/A
Gross Yield
N/A
Net Yield
N/A
ROI Calculator / Net Yield Calculator (Less 30%)
Buying costs
Deposit
£750,000.00
Stamp duty
N/A
Legal fees
Around £1,500.00
HMO license cost
Around £1,300.00
Licensing & Compliance
Council
£32,200
Rules
£32,200
Status
£32,200
Link
£32,200
Estimated works costs
High refurb
£18,000.00
Stamp duty
N/A
Time frames
8-12 weeks
HMO license cost
Est. £1,300.00
Solicitors
Trent Legal LLP
Amelia Hart (Partner)
£850-£1,250
Lenders
Nottingham Building Society
BTL 2-year fix
£850-£1,250
www.brokernottinghambs.co.uk
Build companies
Sherwood Build Co.
Refurb, kitchen/bathroom, HMO fire
£12k–£28k
+44 7380 337579
www.brokernottinghambs.co.uk
Surveyors
Lace Market Surveyors
HomeBuyer, RICS Level 3, Valuation
£400–£950
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