- HMO buy to let investment property
- HMO additional license application and fee submitted
- Currently achieves rental of £2123 PCM
- 4 student tenancy in place until 31st July 2020
- Concept drawing available of loft conversion to fifth bedroom
- Asking Price of £425,000
Ideal Investment Opportunity / HMO / Freehold
Fantastic four bedroom investment property available on the Buller Road, a popular student location. The property comprises of entrance hallway leading through to a large double bedroom on the ground floor to the front of the property, an open plan kitchen living space in the middle and a bathroom with utility area with access to a well presented garden to the rear. On the first floor are a further three bedrooms which are all doubles. This property is in good condition throughout and also has the potential to extend into the loft space to make an additional bedroom STNC.
This student rental property presents an exiting investment opportunity, having easily rented for 12 years and currently achieving a rental of £24,480 per annum, inclusive of bills. As mentioned above, plans are in place with the option of expanding to a fifth bedroom as a loft conversion STNC.
The current tenancy expires July 31st 2020 and the sale is conditional on fixed term tenancy assignment on present agreed terms.
- Convenience Stores
- Off Licenses
- Night Clubs
- Post Offices
- Train Stations
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