5 bedroom semi-detached house

A great opportunity to purchase a current HMO property in a very popular location. With five bedrooms, parking and a garden this property could easily be turned back into a residential home if required. No onward chain.

Property Details

The property is a well established and fully licensed HMO with each room being of good size and each having there own wash hand basins'
' The HMO licence was originally granted for 5 Rooms but now due to the new regulations for room sizes the licence has been downgraded to 4 Rooms to comply with the licensing laws. The Licence can be reinstated to a 5 way HMO if the size of the single room is extended, loft is converted or building extension added'
All 4 licensable rooms are let with tenancy agreements in place.The property is currently let to four students and the breakdown of the rent achieved is as follows;
Room 1 - £115.00 Per Week.
Room 2 - £100.00 Per Week.
Room 3 - £110.00 Per Week.
Room 4 - £144.00 Per Week.
Room 5 - Currently Vacant - Usual income £100.00 Per Week.
This property currently rents at roughly £22,200 per annum on its current let basis with the potential of achieving approximately £27,000 per annum with all rooms being let (subject to Room 5 alterations).
'Woodstock Road is ideal for students attending the 'University of Worcester' - St.John's Campus as it is within a mile.
The property comes with all fixtures and fittings.

"Woodstock Road is ideal for students attending the "University of Worcester" - St.John's Campus as it is only a short 3 minute walk.

The property comes with all fixtures and fittings.

Woodstock Road is ideal for students attending the "University of Worcester" - St.John's Campus as it is only a short 3 minute walk.