House For Sale £230,000
A fantastic HMO receiving £21,360 rent per annum.<br/><br/>Renovated to a high standard by the current owner, this HMO features four good sized double bedrooms.<br/><br/>Perfectly located for local amenities, Foregate Street railway station and Worcester city centre which is just a mile away. Local shops include a Co-op and several food takeaways which are all within an approximate five minute walk.
Elgar Retail Park and Sainsburys are both just one mile away.<br/><br/>Currently fully let as a HMO. The present owner/landlord believes in retaining tenants by providing high quality accommodation. To this end, the owner/landlord has fully renovated the property to both meet licencing requirements and provide a pleasant home for the tenants.
The layout comprises four good sized double bedrooms and three bathrooms across three floors. The ground floor also features a generous sized living room and a fitted kitchen.
Outside
There is a pleasant rear garden.
Currently fully let, the current owner/landlord informs us they are receiving £1,780 rent pcm, £21,360 pa, this equates to a gross yield of around 8.5%. Having recently conducted a rent review, he anticipates annual income to rise just above £22,000 pa in the near future.
Elgar Retail Park and Sainsburys are both just one mile away.<br/><br/>Currently fully let as a HMO. The present owner/landlord believes in retaining tenants by providing high quality accommodation. To this end, the owner/landlord has fully renovated the property to both meet licencing requirements and provide a pleasant home for the tenants.
The layout comprises four good sized double bedrooms and three bathrooms across three floors. The ground floor also features a generous sized living room and a fitted kitchen.
Outside
There is a pleasant rear garden.
Currently fully let, the current owner/landlord informs us they are receiving £1,780 rent pcm, £21,360 pa, this equates to a gross yield of around 8.5%. Having recently conducted a rent review, he anticipates annual income to rise just above £22,000 pa in the near future.
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