Property description
A large period property that could be either a very rewarding buy to let investment or returned to its original form as a family home. Comprising of 2 reception rooms (currently arranged as bedrooms 5 and 6), bathroom and kitchen to the ground floor, 3 bedrooms and a bathroom to the first floor and a further bedroom in the converted loft space. As a HMO the property has the potential to generate a sizeable income with the average double room rental price being approximately £150 per week locally meaning a potential yearly income of around £46800. The property is already fully licensed to be used in this manner and therefore is a ready made investment opportunity with a yield of over 7%. The property will be sold with full vacant possession and without an upper chain.
Property Features :
- Large House
- Currently Licensed as HMO
- 6 Double Bedrooms To Let
- 4 Bedroom House
- Possible Rental Income of £45,000+ per annum