Description
Stoneacre Properties are excited to offer to the market this ready made investment opportunity. This spacious Five Bedroom "HMO" benefitted from a refurbishment in 2021. The property is fully Let and generates an annual income of £30,420 and gross return of 9.4% based on the asking price. Offered with the property is an HMO Licence, gas and electrical certificates. The rent obtained is inclusive of council tax, utilities and wifi. For further information or to arrange an internal inspection please speak to a member of our team.
Shared Accommodation - The ground floor boasts a spacious entrance hall that leads into a large modern kitchen/breakfast room. In addition there is also a shared utility, shower room and bathroom.
Room One - Currently tenanted at £495 pcm.
Room Two - Currently tenanted at £575 pcm.
Room Three - Currently tenanted at £595 pcm. This room benefits from an ensuite.
Room Four - Currently tenanted at £560 pcm.
Room Five - Currently tenanted at £475 pcm.
Agent Note - Please note that all images and floorplans have been provided by the current owner.