6 Bedroom Terraced for sale

Property description

For Investors looking to acquire cash-flow generating high-yield HMO

Get Me Moved offer ATTRACTIVELY PRICED PROPERTIES from MOTIVATED VENDORS.

Get Me Moved are delighted to bring to market this 6 Bedroom Mid-Terraced HMO property. Full overhaul and refurbishment completed in Dec 2015 to create 6 double bedrooms, 4 with en-suite bathrooms, 1 communal bathroom with large communal area/kitchen and plenty of storage.

Rental income of £3,855pcm/$46,260 pa for gross yield of 10.4%

Let to professional tenants on individual ASTs

Managed by specialist HMO lettings agency

Set up as high-end professional HMO with high speed, hard-wired cable, Sky-TV in communal area and optional Sky package in every bedroom

On-street and off-street parking

Basement bike and luggage storage

Close proximity to town center and train station within commuting distance to 1 hour commuting distance to London, Reading and Bristol

Operating efficient with new gas central heating, Inspire heating control system, double glassed windows, new doors, loft insulation, tiled floors in communal area and bathrooms

Compliant with all local HMO requirements. License application in process

Leasehold: 875 yrs, annual ground rent of only £1.92, conversion to HMO with consent of freeholder

The property briefly comprises of high-end HMO fittings and furnishings including;

Bedrooms:- four bedrooms with en-suites
- two bedrooms share the communal bathroom
- all rooms are double size rooms
- bedrooms come fully furnished

Kitchen:
- ample food storage place for tenants with 2 full size fridges & 2 full size freezers
- integrated hob, oven, micro-wave and dishwasher
- provision of comprehensive, high quality kitchen utensils
- on-site washing machine and dryer

Storage/Parking:
- internal storage area in basement for bikes and other belongings of tenants
- larger furniture units for additional storage space in rooms
- off-street parking for 2 cars

Entertainment/Communication:
- 100mbps, Virgin Media fiber broadband - wireless and wired to each room with CAT5 cables
- Sky Movies in communal area and on request in bedrooms. Each room has a 22inch TV with Freeview
- Integrated USB chargers

Bathrooms
- Large spaces
- Tiled floors and walls
- Heated towel rails
- Full-size mirrors
- Full-size sink units with storage
- Large showers with Multi-plan wall panels and two shower heads

Property Features :

• 6 Bedroom HMO Property
• Recently Refurbished to an immaculate standard
• 4 En-Suite Bathrooms & Family Bathroom
• Modern Kitchen with ample storage (2 full-size fridges/2 full-size freezers)
• Fully Double Glazed