House For Sale £299,999
Allsopp and Allsopp are pleased to present this five bedroom detached bungalow currently configured as a licensed HMO. This property is particularly for the attention of investors looking to increase their portfolio. The location is only a hop, skip and a jump away from regular commuting links, which is why it is able currently offer a gross yield of 5.5% with potential to rise even further.
The property is located just south of Leamington Spa town centre, with a comprehensive range of day-to-day amenities and more available in nearby Leamington Town Centre. There are excellent local road links to neighbouring towns along with the Midland motorway network, with Leamington Spa railway station providing excellent commuter rail services to London and Birmingham being a very short walk from the property.
Local schooling is well catered for, with the property falling within the catchments of multiple outstanding primary and secondary schools (Ofsted). Grammar, state and private schooling are all commutable from the property.
As a HMO, the property has an agreed tenancy which will run 11 months from September for the 2021/22 academic year and will bring in £1350 pcm with potential to rise further.
Approach
The property is located just off Sydenham Drive which offers a quick route to both the town centre as well as a local super market.
Entrance Hall
Light and spacious entrance hall in which leads to four of the bedrooms as well as the WC, kitchen and living area. With this being the route to the majority of the bedrooms it means that it will be the hub for all social activity amongst the next tenants.
WC
The WC is usefully located near the front door of the property as well as the bedrooms. Also comes with laminate flooring, wall mounted wash basin & low level WC.
Kitchen (2.9m x 3.1m)
Good sized kitchen with traditional black and white tiling underfoot. A large range of wall and floor rigid built kitchen units with contemporary worktops over, housing a large amount of kitchen storage. The sink and draining board is also complimented by the natural light from the window outlooking the outdoor space. The worktop also comes with a built in electric cooker with the boiler located in the corner of the kitchen out of the way from typical work areas.
Reception Room (3.6m x 3.3m)
The hub of socialising is located in between all the bedrooms as well as having access out to the garden via the patio door. This space is complimented by well-lit natural light coming from the double glazed window and door. It is currently configured with two large sofas as well as a TV unit with plenty more space to add additional fittings.
Bedroom One (3.6m x 2.2m)
The first bedroom is located just at the end of the reception room and is very generous in sizing. Enough space for a double bed, wardrobes and further furniture. Large double glazing windows looking towards the side of the property
Bedroom Two (2.1m x 2.2m)
Further double bedroom located at the front of the property with a lovely space for a bed and wardrobe. With a carpet underfoot and lighting thanks to the double glazed window.
Bedroom Three (2.8m x 2.7m)
Opposite the previous, this bedroom is similar in space with enough room to fit a double bed and wardrobe. The room also benefits from a large window looking out on the outside patio area.
Bedroom Four (2.6m x 2.5m)
Located at the end of the entrance hall, this bedroom also comes with enough space for a double bed and wardrobe. The room is also well-lit from the large window looking out the rear of the property.
Bedroom Five (2.5m x 2.6m)
The final bedroom is located opposite the previous and comes with space for a bed, wardrobe and other furniture. Complimented by a soft carpet underfoot and a double glazed window bringing in natural light from the front of the property.
Family Bathroom (1.8m x 2.8m)
Large family bathroom with panelled bath and over head shower along with pedestal wash basin and low level WC. Well-lit with natural light thanks to the opaque window and fully tiled to all splash prone areas.
Rear Garden
Spacious rear garden which consists of both a patio area near the property and a lawn. Perfect space to unwind & socialise for the next tenants.
Mortgage Services
Allsopp & Allsopp work in partnership with gw Mortgage Services they can offer professional mortgage advice. Gw Mortgage Services are independent mortgage advisors and they will help to source a product that will suit your budget and they have access to the whole of the mortgage market and approximately 3500 mortgage products.
Conveyancing Services
Allsopp & Allsopp Conveyancing work on a no sale, no fee basis. They work longer hours than the conventional solicitor and are available at weekends. Please contact us for more information on our conveyancing service.
The property is located just south of Leamington Spa town centre, with a comprehensive range of day-to-day amenities and more available in nearby Leamington Town Centre. There are excellent local road links to neighbouring towns along with the Midland motorway network, with Leamington Spa railway station providing excellent commuter rail services to London and Birmingham being a very short walk from the property.
Local schooling is well catered for, with the property falling within the catchments of multiple outstanding primary and secondary schools (Ofsted). Grammar, state and private schooling are all commutable from the property.
As a HMO, the property has an agreed tenancy which will run 11 months from September for the 2021/22 academic year and will bring in £1350 pcm with potential to rise further.
Approach
The property is located just off Sydenham Drive which offers a quick route to both the town centre as well as a local super market.
Entrance Hall
Light and spacious entrance hall in which leads to four of the bedrooms as well as the WC, kitchen and living area. With this being the route to the majority of the bedrooms it means that it will be the hub for all social activity amongst the next tenants.
WC
The WC is usefully located near the front door of the property as well as the bedrooms. Also comes with laminate flooring, wall mounted wash basin & low level WC.
Kitchen (2.9m x 3.1m)
Good sized kitchen with traditional black and white tiling underfoot. A large range of wall and floor rigid built kitchen units with contemporary worktops over, housing a large amount of kitchen storage. The sink and draining board is also complimented by the natural light from the window outlooking the outdoor space. The worktop also comes with a built in electric cooker with the boiler located in the corner of the kitchen out of the way from typical work areas.
Reception Room (3.6m x 3.3m)
The hub of socialising is located in between all the bedrooms as well as having access out to the garden via the patio door. This space is complimented by well-lit natural light coming from the double glazed window and door. It is currently configured with two large sofas as well as a TV unit with plenty more space to add additional fittings.
Bedroom One (3.6m x 2.2m)
The first bedroom is located just at the end of the reception room and is very generous in sizing. Enough space for a double bed, wardrobes and further furniture. Large double glazing windows looking towards the side of the property
Bedroom Two (2.1m x 2.2m)
Further double bedroom located at the front of the property with a lovely space for a bed and wardrobe. With a carpet underfoot and lighting thanks to the double glazed window.
Bedroom Three (2.8m x 2.7m)
Opposite the previous, this bedroom is similar in space with enough room to fit a double bed and wardrobe. The room also benefits from a large window looking out on the outside patio area.
Bedroom Four (2.6m x 2.5m)
Located at the end of the entrance hall, this bedroom also comes with enough space for a double bed and wardrobe. The room is also well-lit from the large window looking out the rear of the property.
Bedroom Five (2.5m x 2.6m)
The final bedroom is located opposite the previous and comes with space for a bed, wardrobe and other furniture. Complimented by a soft carpet underfoot and a double glazed window bringing in natural light from the front of the property.
Family Bathroom (1.8m x 2.8m)
Large family bathroom with panelled bath and over head shower along with pedestal wash basin and low level WC. Well-lit with natural light thanks to the opaque window and fully tiled to all splash prone areas.
Rear Garden
Spacious rear garden which consists of both a patio area near the property and a lawn. Perfect space to unwind & socialise for the next tenants.
Mortgage Services
Allsopp & Allsopp work in partnership with gw Mortgage Services they can offer professional mortgage advice. Gw Mortgage Services are independent mortgage advisors and they will help to source a product that will suit your budget and they have access to the whole of the mortgage market and approximately 3500 mortgage products.
Conveyancing Services
Allsopp & Allsopp Conveyancing work on a no sale, no fee basis. They work longer hours than the conventional solicitor and are available at weekends. Please contact us for more information on our conveyancing service.
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