Marine Parade East
Clacton-On-Sea, Essex, CO15 6AD
Converted from 14 Bed HMO to 20 Studios
Sold £965,000.00
020 3978 2129sales@gain.build
About
A 14 bedroom HMO purchased for £312,5000. We converted this property into 20 self-contained studio apartments with en-suites and kitchenettes. Having done so, the yield was transformed from £34,000 per annum to £109,000 per annum, giving the buyers a yield over 10% in a property in which tenants covered all bills.
Site Plan
Register Interest
Email: info@gain.build
Phone: 020 3978 2129
Head Office
Suite 10, The Mill
355-357 Old Road
Essex
CO15 3RQ