London Road, Hemel Hempstead
£670,000

A fantastic INVESTMENT OPPORTUNITY to purchase a freehold building with three recently renovated apartments, occupying a convenient location on a busy shopping parade. The building was extended and converted into three flats that are under long term warranties to 2034. All flats have tenants in situ and their own front doors. 100 London Road is a one bedroom/-bathroom ground-floor apartment, and the accrued monthly income is currently £1,000 per calendar month on an assured shorthold tenancy. 100a London Road is a two bedroom/one bathroom first and second floor apartment and the accrued monthly income is currently £1,450 per calendar month on an assured shorthold tenancy. 100b London Road also a one bedroom/one bathroom ground floor apartment, benefitting from direct shared access to the communal area outside, and the accrued monthly income is currently £1,195 per calendar month on an assured shorthold tenancy. Located within walking distance of a wide range of local amenities and approximately half a mile from Apsley Station, which provides easy access to London Euston. Total Gross Monthly Income = £3,645.00 per calendar month Total Gross Annual Income = £43,740 per annum Please note: A Director of Trend & Thomas Commercial Limited partly owns this property.