***Investment Opportunity*** New to the market is this well presented five bedroom terraced and licensed HMO located in an Article 4 area and benefitting from a Certificate of Lawful use (CoLu). The property has been run as a HMO since 2010. The property has 5 full let rooms generating an annual income of £21,576. The property has outgoings of £550pcm/£6,600py. The property is a fully compliant HMO which benefits from;
Mains operated Interlinked smoke alarms,
Brand new 30 minute fire doors/seals,
Automatic door closers,
Thumb twist locks to all internals and external doors,
2 Bathrooms,
Communal TV room,
Large shared kitchen.
The property is to be sold "As is". It is fully let and fully furnished. An income from Day 1. All 5 occupants are working tenants, they all pay rent via bank transfer, records can be provided. Each bedroom is neutrally decorated, carpeted, curtained and furnished with an Orthapaedic bed, wardrobe and chest of drawers. The lounge is also neutrally decorated, carpeted, curtained and furnihed with a sofa, 2 armchairs, table and TV. The kitchen has tiled flooring and modern grey units. It is equipped with the ammenity standards for 6 occupants and this includes a full size cooker, 2 fridge/freezers, washing machine, tumble dryer, microwave, toaster, kettle and hoover. The property has been recently renovated and is low maintenance with new double glazing fitted in 2020 and has a newly fitted Ideal logic boiler with a 5 year warranty for the Gas central heating and hot water. Do not delay in booking an early viewing on this property to really appreciate it's size, location and what it has to offer!