Key features
- SIX BEDROOM HMO
- FULLY LET
- C3/C4 MIXED USE PLANNING
- GREAT ADDITION TO A PORTFOLIO
- FULLY LICENCED WITH PLANNING
- CURRENT INCOME CIRCA £32,000 P/A
- CIRCA 8% GROSS RETURN
- MULTIPLE BATHROOMS, W/C's AND SHOWER ROOMS
- TWO EN-SUITE ROOMS
- NO CHAIN
Property Description
*** FULLY LICENCED HMO WITH MIXED USE PLANNING *** *** CURRENTLY LET AT £2,740 PCM ***
*** 8% GROSS RETURN AT ASKING PRICE *** *** NO HASSLE ONGOING INVESTMENT ***
A fantastic 6 bedroom HMO benefiting from C3/C4 mixed use planning and a current HMO licence, producing circa £32,000 per annum. This property will benefit those looking for a hassle-free and smooth transition rental investment. A modern conversion provides 6 bedrooms (two with en-suites), a communal lounge, kitchen and conservatory and a further bathroom, separate shower room and additional w/c. With tenants in situ, this property is producing a healthy rental return and represents the perfect turn-key investment.
Viewing by appointment.
ENTRANCE HALL
Front door into entrance hall, doors to bedroom one, kitchen and lounge, stairs to the first floor, radiator.
BEDROOM ONE 3.63m into bay x 3.18m maximum (11'11" into bay x
Measurements do not include the en-suite shower room.
KITCHEN 3.00m x 2.44m (9'10" x 8')
Range of fitted units, freestanding cooker, one and a half bowl stainless steel sink with mixer tap, door to the utility room.
UTILITY ROOM 2.08m x 1.45m (6'10" x 4'9")
Space and plumbing for a washing machine and tumble dryer (to remain).
LOUNGE 3.76m x 2.84m (12'4" x 9'4")
CONSERVATORY 3.38m x 2.11m (11'1" x 6'11")
Access to a cloakroom and separate storage cupboard, doors to the garden.
FIRST FLOOR LANDING
Access to rooms two, three and four plus bathroom, stairs to the top floor.
BEDROOM TWO 3.76m x 2.90m maximum (12'4" x 9'6" maximum)
En-suite which includes a w/c.
BEDROOM THREE 3.00m x 2.44m (9'10" x 8')
BEDROOM FOUR 2.92m x 2.72m (9'7" x 8'11")
BATHROOM 2.54m x 1.78m (8'4" x 5'10")
TOP FLOOR LANDING
Access to rooms five and six plus shower room.
BEDROOM FIVE 5.41m x 3.63m maximum (17'9" x 11'11" maximum)
BEDROOM SIX 2.77m x 2.51m (9'1" x 8'3")
SHOWER ROOM
Including w/c.
GARDEN
Laid mainly to patio with a raised decked area, fence and low brick wall surrounds.
FURTHER INFORMATION
TENURE: Freehold
COUNCIL TAX BAND: C
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"We wanted to thank you for all your help (and continued help) with us purchasing Festing Road. Jo and Gem"
