This property is no longer on the market
6 bedroom terraced house
Key information
Property description & features
- Tenure: Freehold
- Ideal Investment opportunity
- Fully licensed 6 bed HMO
- Generating a gross income of in excess of £22,000 per annum
- Fully let until June 2022
INVESTMENT OPPORTUNITY
(GROSS INCOME £22,000 PER ANNUM AND FULLY LET UNTIL JUNE 2022)
A well presented fully licensed 6 bedroom HMO (licensed for 6 residents with Ceredigion County Council) mid terraced house extending over ground to second floor and is within close proximity to Aberystwyth town centre, university and Bronglais hospital.
The property is currently arranged to provide six bedrooms, a large kitchen, two shower rooms, one separate w.c., a large lounge / dining room and a rear enclosed yard. The property has the benefit of gas central heating throughout.
The property is currently let for the next academic year until June 2022 generating an income of in excess of £22,000 per annum. The property has been successfully let for over 20 years.
Freehold
Offered chain free.
Guide Price £245,000
Location
The property is situated on High Street, in close proximity to Aberystwyth town centre, marina, castle and the promenade / south beach. There is easy access to public transport links.
Construction
Solid wall construction. The property benefits from ground floor and first floor bay windows, entrance porch way. The property benefits from a mixture of UPVC glazing and wooden sash windows
throughout.
The rear comprises a single storey extension which has been rendered.
The property is under a slated roof. The property has the benefit of Gas Central Heating throughout.
Agent Comments
This property has an impeccable track record in letting demonstrating its popularity as a HMO. It is situated in close proximity to the town centre and easy access onto the promenade / south beach. There is also the potential to increase the rental income through refurbishment works.
The property is accessed directly from the pavement with one step.
GROUND FLOOR
Entrance Hallway
Stair access to first and second floors.
Large Open Plan Lounge / Dining Room
3.41m x 4.46m
Bay window to the fore.
3.22m x 3.85m
Window to the rear with access to the rear yard.
Kitchen
2.72m x 2.86m
1.75m x 2.86m
Split into 2 sections. Fitted kitchen units. Window to side overlooking enclosed yard. Velux window.
Access through to rear shower room and enclosed yard.
Shower Room
Shower cubicle, w.c. and sink. Window overlooking enclosed yard.
FIRST FLOOR
The hall stairs rise to a half landing with access to a shower room and a separate w.c. to the rear.
Shower Room 2
1.53m x 2.88m
White sanitary ware to include shower cubicle with electric shower, w.c. and wash hand basin. Window to rear.
Separate WC
White sanitaryware to include WC and wash hand basin.
From half landing, stairs rise to first floor main landing.
Bedroom 1
3.41m x 2.19m
Window to front.
Bedroom 2
3.41m x 3.44m
Bay window to front.
Bedroom 3
3.22m MAX x 3.85m
Rear Window.
SECOND FLOOR
Stairs up from first floor to second floor landing
Bedroom 4
3.00m x 3.85m
Window to rear.
Bedroom 5
3.63m x 2.76m
Window to front.
Bedroom 6
3.41m x 2.88m
Window to front.
RENTAL
The property is currently let under an Assured Shorthold Tenancy until June 2022 and has been successfully let for 20+ years and currently
generates a rental income in the region of £22,000 per annum. A full breakdown can be provided on request.
Enclosed Yard
The property benefits from an enclosed rear yard.
SERVICES
Tenure| Freehold
Heating| Gas central heating
EPC|
Current: 61 (D)
Potential: 84 (B)
Gas| Mains
Electric| Mains
Water| Mains
Sewerage| Mains
Telephone| BT
Council Tax| Band E (£2,202.44 2021 / 22)
Money Laundering Regulations
Any intending purchasers will be required to produce identification to prove their identity within the terms of the Money Laundering Regulations. This may include a copy of your passport/ photo driving
license and a recent utility bill. Philip Evans Estates will also require sight of proof of funds prior to the Notification of Sale being sent to Solicitors.
Misrepresentation
Philip Evans Estates for themselves and for the vendor of this property whose agents they are, give notice that (i) these particulars do not constitute any part of an offer or contract, (ii) all statements contained within these particulars are made without responsibility on the part of Philip Evans Estates or the
vendor, (iii) whilst made in good faith, none of the statements contained within these particulars are to be relied upon as a statement or representation of fact, (iv) any intending purchasers must satisfy
themselves by inspection or otherwise, as to the correctness of each of the statements contained within these particulars, (v) the vendor does not make or give either Philip Evans Estates or any person in their employment any authority to make or give representation or warranty whatsoever in relation to this
property.
Philip Evans Estates have not tested any electrical wiring, plumbing/ drainage or any other appliances within the property. Any reference within these sales particulars therefore does not constitute any
indication as to their condition.
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