House For Sale £260,000
Presenting an exceptional investment opportunity! Situated just a short 10-minute walk from the University of Warwick, this property comprises 3 to 4 bedrooms, an open-plan kitchen diner, 1 full bathroom, and an extra water closet (with ample space to add a shower). The property must be viewed to appreciate the large plot and the potential for further extension (STPC).
The property holds a valid HMO license, with interlinked smoke alarms and FD30 fire doors already in place. Currently rented to four students for £1886/month, with two tenants secured for £1350/month for the 2024-25 academic year. It can be sold with all furniture and appliances included, such as a large fridge freezer, washer dryer, and dishwasher. Another notable feature is the 2-year-old Vaillant combi boiler, backed by a 10-year warranty.
This opportunity is ideal for both new investors seeking immediate rental income and seasoned investors interested in further developing the property.
Ground Floor -
Entrance Hallway -
Bedroom Four - 2.75 x 3.80 (9'0" x 12'5") -
Kitchen/Diner - 3.90 x 3.25 (12'9" x 10'7") -
W/C - 0.88 x 1.68 (2'10" x 5'6") -
Bedroom One - 3.22 x 2.80 (10'6" x 9'2") -
Bedroom Two - 3.25 x 4.35 (10'7" x 14'3") -
Bedroom Three - 1.80 x 3.25 (5'10" x 10'7") -
Bathroom - 1.53 x 1.68 (5'0" x 5'6") -
The property holds a valid HMO license, with interlinked smoke alarms and FD30 fire doors already in place. Currently rented to four students for £1886/month, with two tenants secured for £1350/month for the 2024-25 academic year. It can be sold with all furniture and appliances included, such as a large fridge freezer, washer dryer, and dishwasher. Another notable feature is the 2-year-old Vaillant combi boiler, backed by a 10-year warranty.
This opportunity is ideal for both new investors seeking immediate rental income and seasoned investors interested in further developing the property.
Ground Floor -
Entrance Hallway -
Bedroom Four - 2.75 x 3.80 (9'0" x 12'5") -
Kitchen/Diner - 3.90 x 3.25 (12'9" x 10'7") -
W/C - 0.88 x 1.68 (2'10" x 5'6") -
Bedroom One - 3.22 x 2.80 (10'6" x 9'2") -
Bedroom Two - 3.25 x 4.35 (10'7" x 14'3") -
Bedroom Three - 1.80 x 3.25 (5'10" x 10'7") -
Bathroom - 1.53 x 1.68 (5'0" x 5'6") -
