House For Sale £230,000
Summary
A previously licensed HMO in Grangetown. This end of terrace house requires some upgrading to bring it back so a license can be applied for. We understand this property has the potential for 4 rentable rooms with a possible going rate of around £450 per room. Recommended for investors.
Description
Offered to the market is this end of terrace house in Grangetown and within close proximity of Grangetown railway station with its links to the City Centre, Penarth, Barry and beyond. The House Of Multiple Occupancy license has expired on this property and some upgrading would need to be carried out before applying for a new one, we have factored this into the price of the property. Comprising of an entrance hallway, two downstairs rooms a kitchen, utility area and ground floor bathroom. Upstairs are three further rooms as well as a shower room. The gardens are low maintenance and there is a garage to the rear of the property which is accessed via a gated lane. The boiler in the property is a modern 'Worcester' gas fired variant and the garden has side access to the gated lane. We believe that this property would ideally suite an investor looking to expand their portfolio. We have been advised that the going rate for rentable rooms is in the region of £450 P.C.M so a four bedroom HMO potentially could return £21,600 per annum with no void periods, so the yield here has serious potential.
Entered
Via a wooden entrance door with obscure glass pane.
Entrance Hallway
Doors leading into two rooms and kitchen. Stairs rising to first floor. Radiator. Power points. Wall mounted heating control. Cupboard housing electric consumer unit. Door to:
Room One 11' 1" x 12' 3" into recess max ( 3.38m x 3.73m into recess max )
UPVC double glazed window to front. Power points. Radiator.
Room Two 12' 1" extending to 12' 10" into recess max x 9' 9" ( 3.68m extending to 3.91m into recess max x 2.97m )
UPVC double glazed window to rear. Power points. Radiator. Telephone point.
Kitchen 13' 4" extending to 15' " max x 9' 1" max ( 4.06m extending to 4.57m max x 2.77m max )
Fitted with a range of wall and base level units with work tops. Stainless steel sink and drainer. Ceramic tiled splash backs. Gas point for cooker. Radiator. Power points. UPVC double glazed window to side with a further single glazed window to side. Door to:
Utility 6' x 3' 4" ( 1.83m x 1.02m )
Wall mounted 'Worcester' gas fired boiler. Plumbing for an automatic washing machine. Power points. Door to bathroom. UPVC double glazed window to rear. Wooden door giving access to the rear garden. Door to:
Bathroom 5' 10" x 5' 6" ( 1.78m x 1.68m )
Fitted with a three piece suite comprising of an enamel bath. Pedestal wash hand basin. Low level W.C. Radiator. UPVC obscure double glazed window to rear.
Landing
A split level landing with doors to three bedrooms and shower room. Loft access hatch. Power points. Door to:
Room Three 15' 11" into recess max x 11' ( 4.85m into recess max x 3.35m )
A front bedroom with two single glazed windows to front. Power points. Radiator.
Room Four 12' 2" x 10' ( 3.71m x 3.05m )
A middle bedroom with a single glazed window to rear. Power points. Radiator
Room Five 8' 2" extending to 8' 7" into recess max x 8' 11" ( 2.49m extending to 2.62m into recess max x 2.72m )
Single glazed window to rear. Radiator. Power points.
Shower Room
Fitted with a three piece suite comprising of a tiled shower cubicle with sliding doors. Pedestal wash hand basin. Low level W.C. Ceramic tiles to half height. Single glazed obscure window to side.
Garden
A low maintenance garden with brick walled boundaries. Wooden gate giving access to gated side lane with access to garage.
Garage
Located to the rear of the property and accessed via a gated lane and has an up and over door. Requires attention.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither Peter Alan nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
A previously licensed HMO in Grangetown. This end of terrace house requires some upgrading to bring it back so a license can be applied for. We understand this property has the potential for 4 rentable rooms with a possible going rate of around £450 per room. Recommended for investors.
Description
Offered to the market is this end of terrace house in Grangetown and within close proximity of Grangetown railway station with its links to the City Centre, Penarth, Barry and beyond. The House Of Multiple Occupancy license has expired on this property and some upgrading would need to be carried out before applying for a new one, we have factored this into the price of the property. Comprising of an entrance hallway, two downstairs rooms a kitchen, utility area and ground floor bathroom. Upstairs are three further rooms as well as a shower room. The gardens are low maintenance and there is a garage to the rear of the property which is accessed via a gated lane. The boiler in the property is a modern 'Worcester' gas fired variant and the garden has side access to the gated lane. We believe that this property would ideally suite an investor looking to expand their portfolio. We have been advised that the going rate for rentable rooms is in the region of £450 P.C.M so a four bedroom HMO potentially could return £21,600 per annum with no void periods, so the yield here has serious potential.
Entered
Via a wooden entrance door with obscure glass pane.
Entrance Hallway
Doors leading into two rooms and kitchen. Stairs rising to first floor. Radiator. Power points. Wall mounted heating control. Cupboard housing electric consumer unit. Door to:
Room One 11' 1" x 12' 3" into recess max ( 3.38m x 3.73m into recess max )
UPVC double glazed window to front. Power points. Radiator.
Room Two 12' 1" extending to 12' 10" into recess max x 9' 9" ( 3.68m extending to 3.91m into recess max x 2.97m )
UPVC double glazed window to rear. Power points. Radiator. Telephone point.
Kitchen 13' 4" extending to 15' " max x 9' 1" max ( 4.06m extending to 4.57m max x 2.77m max )
Fitted with a range of wall and base level units with work tops. Stainless steel sink and drainer. Ceramic tiled splash backs. Gas point for cooker. Radiator. Power points. UPVC double glazed window to side with a further single glazed window to side. Door to:
Utility 6' x 3' 4" ( 1.83m x 1.02m )
Wall mounted 'Worcester' gas fired boiler. Plumbing for an automatic washing machine. Power points. Door to bathroom. UPVC double glazed window to rear. Wooden door giving access to the rear garden. Door to:
Bathroom 5' 10" x 5' 6" ( 1.78m x 1.68m )
Fitted with a three piece suite comprising of an enamel bath. Pedestal wash hand basin. Low level W.C. Radiator. UPVC obscure double glazed window to rear.
Landing
A split level landing with doors to three bedrooms and shower room. Loft access hatch. Power points. Door to:
Room Three 15' 11" into recess max x 11' ( 4.85m into recess max x 3.35m )
A front bedroom with two single glazed windows to front. Power points. Radiator.
Room Four 12' 2" x 10' ( 3.71m x 3.05m )
A middle bedroom with a single glazed window to rear. Power points. Radiator
Room Five 8' 2" extending to 8' 7" into recess max x 8' 11" ( 2.49m extending to 2.62m into recess max x 2.72m )
Single glazed window to rear. Radiator. Power points.
Shower Room
Fitted with a three piece suite comprising of a tiled shower cubicle with sliding doors. Pedestal wash hand basin. Low level W.C. Ceramic tiles to half height. Single glazed obscure window to side.
Garden
A low maintenance garden with brick walled boundaries. Wooden gate giving access to gated side lane with access to garage.
Garage
Located to the rear of the property and accessed via a gated lane and has an up and over door. Requires attention.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither Peter Alan nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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