House For Sale £635,000
Located within a walking distance to Farnham Town Centre and The University for the Creative Arts, stands this fantastic opportunity to purchase a house of multiple occupancy with tenants in situ.
The current owner holds a HMO Licence for up to six tenants within the property but the current set up offers five good sized rooms with two bathroom facilities, a good sized kitchen/diner and a generous separate communal living room which could be converted to an additional bedroom.
The property has ample driveway parking for multiple cars and a generous rear garden. The property is currently achieving a 4.7% yield with potential to achieve circa 6% by adapting the property to six bedrooms.
Agents note: HMO licences are non-transferable at the point of sale and any new purchaser will be required to obtain their own HMO licence in order to take the property to 6 tenants or more based on the current HMO legislation in place by the government.
The current owner holds a HMO Licence for up to six tenants within the property but the current set up offers five good sized rooms with two bathroom facilities, a good sized kitchen/diner and a generous separate communal living room which could be converted to an additional bedroom.
The property has ample driveway parking for multiple cars and a generous rear garden. The property is currently achieving a 4.7% yield with potential to achieve circa 6% by adapting the property to six bedrooms.
Agents note: HMO licences are non-transferable at the point of sale and any new purchaser will be required to obtain their own HMO licence in order to take the property to 6 tenants or more based on the current HMO legislation in place by the government.
