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2 Rooms 6 beds 4 bath

NONE

£ 825,000.00

6 bed property for sale Sold/Delisted

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

More information

Council tax band: C

Auction: Yes

Market Status: Sold/Delisted

Schools: ************

Transport: ************

HMO Status: Existing HMO

NEAR UNIVERSITY: YES (Dist: 0.75 miles)

NEAR TRAIN STATION: NO (Dist: 1.20 miles)

NEAR BUS STATION: YES (Dist: 0.50 miles)

NEAR HOSPITAL: NO (Dist: 1.50 miles)

About this property

Freehold mixed-use investment property (2763 Sq Ft) fully let, producing £87,040 income per annum. The property includes a self-contained HMO with 6 bedrooms, 2 bathrooms, a separate lounge, and kitchen, along with a recently renovated studio flat. The HMO is currently let to students on AST, generating £50,040 per annum, with potential to incorporate the studio flat into the HMO for an 8-bedroom unit, subject to necessary consents. The property is located near multiple supermarkets, gyms, parks, and shopping centres within 1.0 mile, and is approximately 0.75 miles from the university and 0.50 miles from the bus station. The auction is scheduled for Wednesday, 12th February 2025, at 17:30.