Description
*HMO INVESTMENT PROPERTY*
This is a six bedroomed HMO property (House of multiple occupancy rights). The current HMO license expires on the 10/7/2025. The current annual income with all rooms occupied is £3000 per calendar month. It could also be used as a 4 bed with two lounges? As of the 14/2/2024 all rooms are occupied.
The accommodation is over three floors and comprises of the following-
GROUND FLOOR- Double Bedroom, WC, kitchen, lounge area and rear lobby.
FIRST FLOOR-Three bedrooms. Double bedroom and two singles.
SECOND FLOOR-Two bedrooms, one double and one single. Bathroom and shower room.
This is a great investment opportunity that currently produces a yearly yield of circa 13% .
Sandy is a town which offers a range of amenities including several schools, doctors surgery, Dentist, a host of shops and restaurants and has a mainline train station giving great access to London St Pancras. Also it has great access to the A1.
*VIEWING STRICTLY VIA APPOINTMENT*
Ground Floor -
Hallway - Stairs to first floor accomodation. Radiator. Door to bedroom. Door to lounge area.
Bedroom - Double bedroom
Lounge Area - Communal lounge area. Radiator.
Kitchen - Communal kitchen. Range of units. Range cooker. door to lobby.
Lobby -
First Floor -
First Floor Landing - Stairs to second floor.
Bedroom - Double bedroom.
Bedroom - Single bedroom
Second Floor -
Second Floor Landing -
Bedroom - Double bedroom
Bedroom - Single bedroom
Bathroom - Communal bathroom with bath and shower over. wash basin and wc.
Shower Room - Shower. wc.
Outside -
Rear Garden - Courtyard rear garden.
Front Garden - Block paved driveway with parking and brick built storage shed.