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6 bed Flat For Sale £250,000
Queens Road, Loughborough LE11
previous price £260,000


Description
This is an investment opportunity to purchase a HMO in Loughborough generating £23,400 rent pa and 9% gross yield.

Leasehold information

  • Length of lease: 99 years
  • Year lease started: 2007


Property information

  • Fully licenced HMO
  • Spread over 3 floors
  • Large kitchen/diner
  • Separate reception room
  • 1 dedicated parking space
  • Bills included
  • EPC rating D
  • Monthly rental income £1,950


Running costs

The vendor provided us with the following running costs of this property:

  • Council tax £130 pcm
  • Utilities £100 pcm
  • TV/cable £40 pcm
  • Total cost pcm: £270
  • Total cost pa: £3,240


Property location

  • Bus link just outside of the property
  • Loughborough train station is less than 10-minute walk from the property
  • The city centre is around half a mile from the property

Follow the link for more information: 
        
zoopla.co.uk
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