Property description

**attention investors** well presented detached HMO with 6 letteable rooms, gross yield circa 8%** 1x Self Contained Studio, 5x Double Lettable Rooms, Separate Kitchen Facilities, Driveway Parking, South-Facing Rear Garden, Conveniently Situated, One Of Two Available...

Area

A fantastic opportunity to purchase this well presented 6 Room HMO situated in a convenient residential location with local amenities, shopping facilities and transport links all within easy reach.

About This Property

The property is currently configured as a HMO with a self contained studio apartment and 5 additional lettable double rooms. The downstairs bedrooms benefits from separate kitchen facilities whilst the upstairs rooms have use of a modern fitted kitchen.

Studio/Room 1 - Current £700 pcm - Potential £740 pcm
Room 2 - Current £440 pcm - Potential £450 pcm
Room 3 - Current £480 pcm - Potential £500 pcm
Room 4 - Current £430 pcm - Potential £460 pcm
Room 5 - Current £440 pcm - Potential £450 pcm
Room 6 - Current £460 pcm - Potential £490 pcm

Total pcm - Current £2950 - Potential £3090
Total pa - Current £35,400 - Potential £37,080

All tenants are on periodic assured shorthold tenancy agreements with deposits equal to 1 months rent.

Outside the property benefits from driveway parking for multiple vehicles and a well maintained south-facing rear garden. There is also an external communal laundry room to the rear.

Well presented throughout a viewing is highly recommended to appreciate all this property has to offer. Sure to be popular early viewing is advised, call Lovett Estate Agents to arrange your viewing appointment.

Tenure

Freehold

Licence pending council inspection.

This information has not been verified and should not be relied upon as statement of fact, but it is given in good faith for guidance only.

Looking to sell? Call Lovett Estate Agents for your complimentary valuation.
Amenities

One Of Two HMO's Available

Gross Yield Circa 8%

1x Self Contained Studio Apartment

5x Additional Lettable Double Rooms

Rear Garden & Off Road Parking

Well Presented Throughout

Fantastic btl Investment

No Forward Chain