Studio for sale Sold/Delisted

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

More information

Council tax band: A

Auction: No

Market Status: Sold/Delisted

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

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

HMO Status: Existing HMO

NEAR UNIVERSITY: NO (Dist: 1.50 miles)

NEAR TRAIN STATION: YES (Dist: 0.75 miles)

NEAR BUS STATION: YES (Dist: 0.50 miles)

NEAR HOSPITAL: NO (Dist: 1.20 miles)

About this property

Investment property generating £70,680 gross income. This attractive corner building hosts seven en-suite HMO rooms on Assured Shorthold Tenancies and five self-contained studio apartments on the second floor. The accommodation offers well-proportioned spaces adorned with characterful features, including lofty ceilings and expansive feature windows. The property boasts 7 double bedrooms with en-suite facilities and five self-contained studio apartments, along with a laundry room and small social room. Fully compliant with HMO regulations. Monthly income from studios is £2,475 and from HMO rooms is £3,415. Annual income totals £70,680. Conveniently located with multiple supermarkets within 1.0 mile and near a train station (0.75 miles) and bus station (0.50 miles).