***investors only*** A fabulous opportunity to purchase chain free a Five Bedroom, Two Bathroom fully licenced HMO. The property is already occupied and currently achieves £3,065 per calendar month on a 12 monthly basis.
Based on the higher Guide Price the property offers the new owner a potential gross yield of 8.6%.
The ground floor accommodation consists of a spacious entrance hall, a large dual aspect kitchen/communal area and two double bedrooms. The generous kitchen provides double utilities and benefits from plenty of natural light and leads out to the secluded garden to the rear.
The first floor accommodation provides a further three well proportioned bedrooms, two shower rooms and a separate W/C.
The property has been very well maintained throughout and and is ideally located for both Hatfield University, Business Park and also offers great transport links via road and rail.
The property benefits from a large garden to the rear which is bordered by wooden panelled fencing. There is a large patio area adjacent to the property and space for a shed to the rear.
Ground floor
entrance hall
kitchen
bedroom one
bedroom two
first floor
landing
bedroom three
bedroom four
bedroom five
shower room one
shower room two
W/C
exterior
garden
(to rear)
Additional information
Information
Council Tax Band = D
Monthly Income*
Room 1 £665 pcm
Room 2 £655 pcm
Room 3 £640 pcm
Room 4 £445 pcm
Room 5 £660 pcm
Expenses from Apr 2021 – Mar 2022*
Gas £1,629 p/a
Electric £1,906 p/a
Council Tax £1,970 p/a
Water £965 p/a
Total £6,470 p/a
* = Details provided by Vendor
**Photo's taken prior to tenants moving in!