No longer on the market
This property is no longer on the market
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Floorplan
Map7 bedroom block of apartments
Key information
Features and description
- Attention investors
- 6 Bed HMO with 1 Bed Annexe Flat
- Over 12% Gross Yield
- Shared Garden & Potential for Driveway
- Potential for further Development
- 'Ready-Made' Investment
- Garage and Basement Rooms
*ATTENTION INVESTORS* - 7 bedroom block of apartments sold with tenants in-situ and generating a gross yield of 12%.
This attractive traditional detached property has been converted to create a 6 bedroom HMO and 1 self-contained annexe flat. All rooms within the main building have shared-use of a communal kitchen on the ground floor, with two rooms benefitting from en-suite bathrooms, while the others share a communal bathroom and WC.
The annexe apartment comprises of a; living room, shower room, kitchen and bedroom.
Externally to the front of the building is a pathway set between gravelled sections, with the potential to be used as a driveway. To the rear of the building is a lawned garden set beside a large brick outbuilding, ideal for either storage or potential further development.
The rear garden also provides access to a lower-level garage and store rooms set beneath the property, with access through to basement rooms, currently only used for storage purposes. (Please note: the basement rooms have not been included on the floorplan).
We have been informed that the property currently generates a gross income of £36,168.24 per annum, with rents paid on a weekly basis and a monthly payment for utility costs.
VIEWINGS STRICTLY BY APPOINTMENT ONLY - SOLD WITH NO ONWARD CHAIN.
EPC rating: C. Tenure: Freehold,
Rooms
DISCLAIMER Not provided
These details are intended to give a fair description only and their accuracy cannot be guaranteed nor are any floor plans exactly to scale. These details do not constitute part of any contract and are not to be relied upon as statements of representation or fact. Intended purchasers are advised to recheck all measurements before committing to any expense and to verify the legal title of the property from their legal representative. Any contents shown in the images contained within these particulars will not be included in the sale unless otherwise stated or following individual negotiations with the vendor. Northwood have not tested any apparatus, equipment, fixtures, or services so cannot confirm that they are in working order and the property is sold on this basis.
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