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Rooms 24 beds 0 bath

£ 675,000.00

24 bed detached house for sale Sold/Delisted

Address: ************

More information

Auction: Yes
Market Status: Sold/Delisted
Schools: ************
Transport: ************
HMO Status: Existing HMO
NEAR UNIVERSITY: YES (Dist: 0.85 miles)
NEAR TRAIN STATION: YES (Dist: 0.90 miles)
NEAR BUS STATION: YES (Dist: 0.50 miles)
NEAR HOSPITAL: YES (Dist: 0.75 miles)
About this property
A detached three storey building comprising of a 24 bedroomed HMO investment opportunity. 23 out of the 24 rooms are currently let producing a rental income of £130,156 per annum before bills. The property benefits from electric heating, double glazing, alarm, emergency lighting and is fully HMO compliant. When fully let, the rent would be approximately £136,760 per annum gross before bills. The ground floor includes a hall, office, WC, and 10 letting rooms all with en suite shower rooms/WC, along with a communal kitchen. The first floor features 10 letting rooms, a communal kitchen, ladies WC, gents WC, and shower rooms. The second floor has four letting rooms all with en suite shower rooms/WCs and a communal kitchen. Outside, there is a communal terrace and rear car parking. The property is situated close to multiple supermarkets, gyms, parks, shopping centres, schools, and is approximately 0.85 miles from a university, 0.90 miles from a train station, 0.50 miles from a bus station, and 0.75 miles from a hospital. This property is available at auction.

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