No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Offers over£365,000
Added > 14 days

6 bedroom terraced house for sale

Herbert Street, Loughborough, Leicestershire
Sold STC
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Terraced house
6 bed
6 bath
EPC rating: D*
1,216 sq ft / 113 sq m

Key information

Tenure: Freehold
Council tax: Band B
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Freehold
  • Ideal Investment Opportunity (HMO)
  • Six Bedrooms
  • Six En-Suites
  • Town Centre Location
  • Fully Renovated
  • iHelios Smart Heating System Present
  • Generating £36,600 Annual Income
*ATTENTION INVESTORS BUY TO LET OPPORTUNITY*

Welcome to Herbert Street, a fantastic investment opportunity in the heart of Loughborough. This 6 bedroom house of multiple occupancy (HMO) presents an excellent chance for those seeking a property with an impressive annual income of £36,600, generating around a 10% gross annual yield. This property is sure to attract a consistent and reliable tenant base. Don't miss out on the chance to acquire this excellent investment in the thriving town of Loughborough.

The property benefits from an iHelios infrared heating system located in the ceiling and is controlled via an app. There are many benefits of infrared heating, such as maximising wall space as no radiators are present which can decrease the chance of condensation build up.

The property has just undergone complete renovation and has been finished to an impeccable standard. As you step inside this charming residence, you will immediately notice the well-maintained interiors and the abundance of natural light that floods the property. The fully-fitted kitchen boasts modern appliances, ample storage, and generous countertop space, making it an ideal place for tenants to prepare and enjoy their meals together.

Each of the six bedrooms are generously proportioned and comes fully furnished, ensuring tenants have a comfortable and private living space. Each bedroom benefits from a private ensuite with a shower cubicle, hand wash basin and W.C, ensuring convenience for each tenant.

Herbert Street's location adds to its appeal as an investment property. Situated in the heart of Loughborough, it enjoys close proximity to local amenities, including shops, restaurants, and entertainment venues.

The property is currently let to working professionals only and each room achieves the following income:
Room 1: £530pcm
Room 2: £500pcm
Room 3: £490pcm
Room 4: £500pcm
Room 5: £500pcm
Room 6: £530pcm

Property information from this agent

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    *DISCLAIMER

    Property reference LOU220269. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Leaders - Loughborough.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area: obtained on March 25, 2014 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

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