No longer on the market
This property is no longer on the market
Floorplan
Map
Area stats5 bedroom house
Under offer
House
5 beds
5 baths
Key information
Tenure: Freehold
Council tax: Ask agent
Features and description
INVESTMENT OPPORTUNITY - LICENSED & COMPLIANT HMO - RENOVATED TO A HIGH STANDARD - GROSS ANNUAL RETURN OF APPROX. £27,000 - A high quality house of multiple occupancy (HMO) which was converted a few years ago and operates as a licenced and fully compliant investment. This is presented to a very high standard and being sold with all of the fixtures and fittings so will litrally be ready for somebody to start letting immediately.
On offer is 5 double rooms, all with their own en-suite bath or shower rooms and just sharing the kitchen.
All rooms have historically achieved an average of £100 per week (as advised by the current owner) other than the ground floor room to the rear which benefits from sole use of the rear garden and expected to achieve around £120 per week. This means expected gross income is around £27,000 or £2250 per month. EPC - E
Viewings by appointment only - call us for more information.
Reception 1
Kitchen
Bedroom 1
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Bathroom 1
Bathroom 2
Bathroom 3
Bathroom 4
Bathroom 5
Small Garden
Parking
Central Heating
Every care has been taken with the preparation of these particulars but complete accuracy cannot be guaranteed. If there is any point which is particularly important to you, please obtain professional confirmation. Alternatively, we will be pleased to check the information for you. All measurements quoted are approximate. Any Fixtures, Fittings and Appliances referred to have not been tested and therefore no guarantee can be given that they are in working order. These particulars do not constitute a contract or part of a contract.
On offer is 5 double rooms, all with their own en-suite bath or shower rooms and just sharing the kitchen.
All rooms have historically achieved an average of £100 per week (as advised by the current owner) other than the ground floor room to the rear which benefits from sole use of the rear garden and expected to achieve around £120 per week. This means expected gross income is around £27,000 or £2250 per month. EPC - E
Viewings by appointment only - call us for more information.
Reception 1
Kitchen
Bedroom 1
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Bathroom 1
Bathroom 2
Bathroom 3
Bathroom 4
Bathroom 5
Small Garden
Parking
Central Heating
Every care has been taken with the preparation of these particulars but complete accuracy cannot be guaranteed. If there is any point which is particularly important to you, please obtain professional confirmation. Alternatively, we will be pleased to check the information for you. All measurements quoted are approximate. Any Fixtures, Fittings and Appliances referred to have not been tested and therefore no guarantee can be given that they are in working order. These particulars do not constitute a contract or part of a contract.
Area statistics
Crime score
High crime
7/10
About this agent
Concentric Sales & Lettings - Wolverhampton
Unit 7, Newton Court, Pendeford Business Park
Wolverhampton
WV9 5HB
01902 914791Concentric Sales & Lettings Wolverhampton now merged with the market leading brand Lawson's Sales and Lettings (originally on the same street) specialises in working with landlord investors to help them to buy, sell, rent or invest in property in and around the Wolverhampton area, across all sectors. Local knowledge with modern big company thinking, built up with over 27 years in the area The established local firm Lawson's and Concentric Wolverhampton merged in May, 2017, meaning the now 8 strong team, with a further 10 strong management team behind them, offer a range of specialisms, to enable a high level and wide range of local property services to help you. No matter what your property goals, we really are the agent of choice for an investor landlord or buyer/seller. Utilising our many years of contacts and experience in the property sector in Wolverhampton and our database of local investors spanning over 2 decades, plus a national network of agents, we can achieve property sales where others can't, by knowing WHO is buying what and where, plus working with local and distant landlords to ensure they are offering safe quality homes to let, to secure great tenants too. Concentric Sales & Letting Agency Wolverhampton has the added benefit of the CEO being the current President of ARLA, from June 2017-June 2018, meaning they are at the forefront of the political and industry changes that are taking place right now, within the Private rented sector. Whether you are purely looking to buy or sell a property, or have a portfolio that is standard professional sector, HMO, LHA or company lets, the expertise is there to assist you fully.