Property description
Three bedroom mid terraced Student Property in Newland Avenue
Historic Tenancies available in order to prove permitted rights to be used as HMO as per Planning Directive art. 4
Great Investment Opportunity
The property comprises
Ground Floor
Bedroom 1
Living Room
Kitchen
Bathroom
First Floor
Bedroom 2
Bedroom 3
Rear yard on the back
Schedule of Rent
The propert is let to Students
Room 1 - let for 52 weeks at £4470 bills inclusive from 29.06.2020 to 28.06.2022
Room 2 - let for 52 weeks at £3995 bills inclusive from 01.08.2021 to 31.07.2022
Room 3 - currently empty
Current Gross Income £8,465 per year
Potential Gross Income £12,935 per year
Current Gross Yield 7.3% per year
Potential Gross Yield 11.24% per year
Further information:
Council tax band - A
Tenure - Freehold
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