Burford Street, Hoddesdon EN11 3 bed flat for sale

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Burford Street, Hoddesdon EN11 3 bed flat for sale

Burford Street, Hoddesdon EN11
£330,000

Our Summary

  • An investment opportunity in Hoddesdon Town Centre consisting of two first floor flats The opportunity consists of the following: :- One bedroom first flat (owner occupied)- Two bedroom first floor flat currently used as holiday lettingParking and communal area to rearSold on a long lease with vacant possessionHoliday letting :Good opportunity for self-managed investment if continuing to let the units on holiday let basis or as a serviced accommodation basis / Air BNBIncome the past year has been 2 bed flat
  • Possibility of further conversion into roof space subject to planning

Description

This investment opportunity in Hoddesdon Town Centre consists of two first-floor flats, one a one-bedroom unit and the other a two-bedroom unit, both located on the first floor. The two-bedroom flat is currently used as a holiday letting, generating an annual income of £24,000, while the one-bedroom flat is owner-occupied. The property benefits from a long lease, no VAT, and a communal area to the rear. The location is in the heart of Hoddesdon Town Centre, with easy access from Bell Lane. The vendors are open to offers, but not bound to accept the highest or any offer, and are responsible for their own legal costs. Viewings are strictly by prior appointment, and interested parties should contact the agent for further information.