7 bed property for sale Sold/Delisted

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

More information

Council tax band: A

Auction: Yes

Market Status: Sold/Delisted

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

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

HMO Status: Existing HMO

NEAR UNIVERSITY: YES (Dist: 0.75 miles)

NEAR TRAIN STATION: YES (Dist: 0.80 miles)

NEAR BUS STATION: YES (Dist: 0.50 miles)

NEAR HOSPITAL: NO (Dist: 1.50 miles)

About this property

Freehold investment opportunity comprising a block of 2 x HMO licensed self-contained flats (1603 Sq Ft) producing £57,180 per annum. The property includes a 3-bedroom ground floor flat (871 Sq Ft) and a 4-bedroom maisonette (431 Sq Ft) on the upper floors. Both flats are newly and fully licensed to current HMO standards. The investment is in excellent decorative order and is sold subject to existing tenancies. The ground floor flat is let on an AST to a single group of students producing £1995 pcm, while the first floor flat is let on an AST to a single group of students producing £2770 pcm. Total income is £4765 pcm. The property is located within close proximity to multiple supermarkets, gyms, parks, shopping centres, and schools, and is near the university (0.75 miles), train station (0.80 miles), and bus station (0.50 miles). Auction date is set for Wednesday 12th February 2025.