Mixed use for sale
Property description & features
- Spacious HMO Investment Opportunity
- 7 Bedroom HMO with En-Suite Facilities
- Gross Rental Income of £47,160 Per Annum
- Gross Initial Yield of 14.5%
- Rooms Fitted with Electric Sub Meters
COMMUNAL KITCHEN
Smartly presented with ample storage space. Communal cooker and white goods.
UTILITY ROOM - 8' 6'' x 5' 7'' (2.6m x 1.7m)
Fitted with coin fed washing machine and tumble drier.
ROOM 1 - 12' 10'' x 12' 6'' (3.9m x 3.8m) (max)
Including en-suite.
ROOM 2 - 11' 10'' x 13' 5'' (3.6m x 4.1m) (max)
Including en-suite.
ROOM 3 - 13' 9'' x 11' 10'' (4.2m x 3.6m) (max)
Including en-suite.
ROOM 4 - 9' 6'' x 14' 5'' (2.9m x 4.4m) (max)
With separate private bathroom.
ROOM 5 - 12' 6'' x 12' 10'' (3.8m x 3.9m) (max)
Including en-suite.
ROOM 6 - 13' 5'' x 11' 10'' (4.1m x 3.6m) (max)
Including en-suite.
ROOM 7 - 13' 9'' x 11' 10'' (4.2m x 3.6m) (max)
Including en-suite.
EXTERIOR
To the rear of the property there is an enclosed courtyard shared with the commercial premises next door, which is utilised as a bin store. To the front of the premises there is communal garden space for the use of the tenants.
RENT
The rooms are rented at the following rates. Room 1£550pcm£6,600p.a. Room 2£550pcm£6,600p.a.Room 3£550pcm£6,600p.a.Room 4£580pcm £6,960p.a. Room 5£550pcm£6,600p.a.Room 6£600pcm£7,200p.a. Room 7£550pcm£6,600p.a.Total: £3,930pcm. £47,160p.a.
UTILITIES
Rents are inclusive of water and council tax. Each room has an electric card sub meter which the tenants are responsible for.
TENURE
Offered for sale freehold, subject to the residential ASTs.
COUNCIL TAX BAND C
EPC RATING E
VIEWING
Viewing is strictly by prior appointment with the Agents, Bettesworths.
Council Tax Band: C
Property information from this agent
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Broadband availability and predicted speed
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Energy Performance data and Internal floor area
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