House For Sale £120,000
An excellent opportunity to acquire a large, well established and well maintained property in a sought after TS5 postcode.
4-bedrooms and 2-reception rooms allows this property to operate as a 5-bed property and will serve well to a range of occupiers.
The property is diverse and perfectly located to serve students, professionals, contractors or social housing providers.
Potential income of £20,800 per annum on a per room basis gives a gross yield in excess of 17%.
Having previously operated as a well established student HMO the property already meets many regulatory requirements. A light refurbishment will ensure this property is in prime condition and ahead of many competitors.
The property is currently occupied with a sitting tenant paying £600 pcm. It can be acquired with the tenant in situ and full lettings management or vacant possession agreed once under offer and firm commitment given from a professional buyer.
Buyer fees apply of £2,000+VAT
4-bedrooms and 2-reception rooms allows this property to operate as a 5-bed property and will serve well to a range of occupiers.
The property is diverse and perfectly located to serve students, professionals, contractors or social housing providers.
Potential income of £20,800 per annum on a per room basis gives a gross yield in excess of 17%.
Having previously operated as a well established student HMO the property already meets many regulatory requirements. A light refurbishment will ensure this property is in prime condition and ahead of many competitors.
The property is currently occupied with a sitting tenant paying £600 pcm. It can be acquired with the tenant in situ and full lettings management or vacant possession agreed once under offer and firm commitment given from a professional buyer.
Buyer fees apply of £2,000+VAT
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