House For Sale £169,950
6 Bed Development HMO. Gdv After HMO Conversion Is £230,000 With A £37,500 Rental Income.
7th bedroom available on 2nd floor (subject to planning)
Planning permission not required to convert to a 6 bed HMO.
HMO conversion and refurb costs £22,000.
Additional ensuites bathrooms £2,500 each. Max of 5.
Tenure - Freehold
Rental details
Gross rental yield £37,500 per annum as a 6 bed HMO.
Town centre location.
Hands off full Rental Management for 10% plus VAT.
Tenant profile. Working and aged over 25 years with Guarantor.
property description
Large property with accommodation set over three floors.
Property is in good condition.
6 double letting rooms in current format.
Large kitchen diner.
HMO conversion works will include;
New Fire doors/ fire alarm/ emergency lights.
New kitchen and bathroom. Kitchen moved to middle floor.
Dpc works as required
Five rooms can have en-suites for enhanced rental income.
7th bedroom available on 2nd floor (subject to planning)
Planning permission not required to convert to a 6 bed HMO.
HMO conversion and refurb costs £22,000.
Additional ensuites bathrooms £2,500 each. Max of 5.
Tenure - Freehold
Rental details
Gross rental yield £37,500 per annum as a 6 bed HMO.
Town centre location.
Hands off full Rental Management for 10% plus VAT.
Tenant profile. Working and aged over 25 years with Guarantor.
property description
Large property with accommodation set over three floors.
Property is in good condition.
6 double letting rooms in current format.
Large kitchen diner.
HMO conversion works will include;
New Fire doors/ fire alarm/ emergency lights.
New kitchen and bathroom. Kitchen moved to middle floor.
Dpc works as required
Five rooms can have en-suites for enhanced rental income.
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