Acorn were instructed to sell the freehold of this four-unit HMO, which had remained in the same family ownership for over 50 years. Extending to 1,136 sqft internally, the property was marketed fully tenanted as an income-producing asset. A sale was agreed within four weeks to a local HMO investor, who intends to expand it into a six-unit scheme and increase the overall rental income.
PROJECT ADDRESS: 21 St James Avenue, Sutton SM1 2TQ
Daniel Dennis
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