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House For Sale £250,000
Cumberland Street, Worcester WR1


Description
Hollywell Homes are proud to bring to market this 3 bedroom mid terraced property in a sought after central location.

The property is currently being rented out as an HMO, with one of the two reception rooms being utilised as a fourth bedroom. All rooms are currently tenanted, offering an immediate income on the property for any investor.

On the ground floor, a separate hallway opens left onto a good sized reception room (currently a 4th bedroom), and then leads through to the main living room, kitchen and shower room. There is a rear yard accessible from the kitchen.

The first floor hosts three double bedrooms, along with a family bathroom.

A full financial breakdown of the current rental income and expenditure is available upon request.

This property offers an attractive return for buy-to-let investors, but also has scope to be returned to its original purpose as a period family home.

Cumberland Street is located in the popular residential arboretum area of Worcester, within easy reach of the city centre and Foregate Street Station. On street permit parking is in operation.

Viewing is strictly via agent, please contact us to arrange.

Entrance Hall -

Reception Room/Bedroom 1 - 3.4 x 3.4 (11'1" x 11'1") -

Living Room - 4.2 x 3.5 (13'9" x 11'5") -

Kitchen - 4.1 x 2.2 (13'5" x 7'2") -

Downstairs Shower Room -

Landing -

Bedroom 2 - 4.7 x 3.4 (15'5" x 11'1") -

Bedroom 3 - 3.2 x 2.7 (10'5" x 8'10") -

Bedroom 4 -

Family Bathroom -

Financial Breakdown - Room 1 - £445.00pcm
Room 2 - £500.00pcm
Room 3 - £400.00pcm
Room 4 - £375.00pcm

Total Monthly income - £1,720
Total Yearly Income - £20,640

Based on a purchase price of £250,000 this gives you a gross return of 8.26%


Follow the link for more information:
        
onthemarket.com

  
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