5 Bed HMO multi-let Investment property; Fully let £405pw/£21030pa/13.57% gross; 3 x en-suit first-floor beds; HMO licence accepted / in progress; Certificate of Lawful Use as HMO granted; 2 x kitchens and 1 x shared bathroom; Well maintained property; Long term tenants; A great opportunity to buy an off the shelf investment generating a great income.
PROPERTY COMPRISES OF: Entrance hallway; Bedroom 1 - 17.1m2; Bedroom 2 - 14.76m2; Kitchen dining living area - 19.45m2; Lobby; Bathroom - shared by bedroom 1 and 2 - 3.9m2.
FIRST FLOOR; Bedroom 3 (Rear addition) - 16.95m2; Bedroom 4 - (Rear main) - 16.4m2; Kitchen - 7.1m2
Bedroom 5 - 13.48m2;
EXTERNAL - Front courtyard for bin storage; Side passageway to access the rear of the property; Large rear garden. RENTAL INCOME FIGURES
All tenancies are ASTs. The tenants have gone beyond the fixed term and are now periodic.
Ground floor - Non-ensuite 1 x shared bathroom); Room 1 £80; Room 2 £75; First floor (3 x ensuite rooms)
Room 1 £100; Room 2 £80; Room 3 £70; Total £405pw / £21030 per annum