Property description

With this licensed 4 bedroom HMO property being fully let until June 2016 this property provides an excellent opportunity to generate an instant income of £300 per week and on the present asking price has consistently shown a gross yield in excess of 7.5% per annum. Having been modernised throughout the property requires little work to continue to generate the return higher than conventional investments.Being situated within approximately 250 yards of the main university building this well maintained and modernised mid terraced 4 Bedroomed HMO is bound to appeal to investors wanting a convenient location, or parents looking to purchase an ideal licensed property for children and friends within 250 yards of the main university building. The property which benefits from gas fired central heating and double glazing throughout is offered for sale as a going concern being fully furnished with tenancies in occupancy for the 2015/16 academic year.

Ground Floor

Entrance Hall
With double glazed entrance door, single radiator, and staircase to first floor landing.

Bedroom 1 - 9' 1'' x 8' 10'' (2.78m x 2.70m)
UPVC double glazed window to front, and double radiator.

Lounge - 10' 4'' x 9' 1'' (3.14m x 2.78m)
UPVC double glazed window to rear, and single radiator. Door to

Kitchen - 12' 2'' x 6' 4'' (3.72m x 1.94m)
Fitted with a matching range of modern base and eye level units with worktop space over, incorporating fitted electric oven, and four ring hob with extractor hood over. UPVC double glazed window to side, tiled floor, and uPVC double rear door.

First Floor Landing
With further staircase leading up to the second floor landing.

Bathroom
Fitted with modern white three piece suite comprising panelled bath with separate shower over, wash hand basin and WC, uPVC double glazed window to rear, and single radiator.

Separate WC
Fitted with two piece suite comprising, wash hand basin and WC.

Bedroom 2 - 12' 0'' x 9' 9'' (3.67m x 2.96m)
UPVC double glazed window to front, and double radiator.

Bedroom 2 - 12' 0'' x 9' 9'' (3.67m x 2.96m)
UPVC double glazed window to front, and double radiator.

Second Floor Landing

Bedroom 3 - 11' 4'' x 6' 9'' (3.46m x 2.05m)
With UPVC double glazed window to rear, and single radiator.

Bedroom 4 - 12' 0'' x 10' 11'' (3.67m x 3.34m)
UPVC double glazed window to front, and single radiator.

Outside
To the rear of the property is a small enclosed yard.

Property Features :

• Ideal Investment Opportunity
• Licensed 4 Bedroom HMO Property
• Convenient Location within 250 yards of Main University
• Gas Fired Central Heating & Double Glazing
• Modernised Throughout