2021-12-07 20:24, User_1
Newton King Agent Valuation of this property is £350,000
Description:
Key features:
- Six Bedroom Semi-Detached House
- Fully Licensed HMO with Tenants in Situ
- Current Income of £26,976, Potential in Excess of £31,000
- Communal Kitchen, Two Bathrooms and Rear Garden
- Rooms 5 & 6 with kitchenette, Sperate WC & Shower
- Ideal Investment Opportunity
- No Onward Chain
Full description:Newton King are delighted to offer the market with no onward chain, this well presented six bedroom semi-detached house currently setup as a fully licensed HMO with tenants in situ.
This HMO provides an ideal investment, and currently generates £26,976 per annum with a potential income in excess of £31,000 per annum. Each room is currently paying the following monthly rent:
Room 1- £368 pcm, potential of £425 pcm
Room 2- £368 pcm, potential of £425 pcm
Room 3- £312 pcm, potential of £375 pcm
Room 4- £368 pcm, potential of £425 pcm
Room 5- £407 pcm, potential of £475 pcm
Room 6- £425 pcm, potential of £500 pcm
The property is complete with a communal kitchen, utility room, two bathrooms and a spacious rear garden. Rooms 5 & 6 are offered with a kitchenette, separate WC & shower.
Please contact Newton King between the hours of 9am-6pm to arrange a fully accompanied viewing.
Room 114' 6" x 11' (4.42m x 3.35m)
Room 211' 9" x 11' (3.58m x 3.35m)
Kitchen/Diner17' 8" x 10' 9" (5.38m x 3.28m)
Utility Room9' 2" x 5' 5" (2.79m x 1.65m)
Bathroom 19' 2" x 4' 8" (2.79m x 1.42m)
Room 38' 9" x 11' 10" (2.67m x 3.61m)
Bathroom 27' 8" x 5' 8" (2.34m x 1.73m)
Room 412' 1" x 11' 2" (3.68m x 3.40m)
Room 515' 3" x 11' 2" (4.65m x 3.40m)
Room 616' x 19' (4.88m x 5.79m)
Truth Factor: N/A
