4 bedroom Property for sale in Sandown Road Sandown PO36

Sale Price: £300,000

Sandown Road, Sandown, Isle Of Wight PO36

Property
4 Bed(s)
1 Bath(s)
Available

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Street Address

Sandown Road, Sandown, Isle Of Wight PO36

Property description

Newly refurbished throughout & offered with all rooms occupied is this fantastic 4 bedroom HMO investment opportunity. A new communal kitchen & bathroom (plus a spare WC) compliment all 4 rooms which have been freshly redecorated & recarpeted. The income from this established HMO business is £21,000 gross per year & is already in place for the buyer. The HMO occupies the entire upper floor of the premises previously known as The Stag Inn, Lake. The property will be offered with 'share of freehold' title, split from the ground floor of the building. The property itself has gas central heating, double glazing & has benefited from a completely new roof recently offering an investment requiring very low maintenance potentially. A separate entrance hall at ground level with storage area (again all newly refurbished & carpeted) leads to the staircase up to the property. This is an excellent investment opportunity with an established yield from the current tenants & fully managed by Watson Bull & Porter. Call us to view on .
Amenities

HMO

Chain free investment

£21,000pa gross yield (7%)

New roof

Newly refurbished throughout

Share of freehold

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