Property description
Unique opportunity to purchase a licensed HMO. Historically it was an hotel - it has now been converted to provide 15 rooms and 4 self contained units. Furthermore there was planning permission to add on 9 flats and a studio - planning ref 7-2009-10336-H. It currently brings in circa £76,000 per annum rental return.
Utilities:
Gas/Electric: £6,972 per annum
Water/Sewage: £2,783 per annum
Council Tax: £1,330 per annum
Property Features :
- Licensed HMO
- Rental Investment
- Current Tenants in Situ
- No Onward Chain
- Redevelopment Opportunity