This six-bedroom house is an extremely spacious and well-designed HMO (House in Multiple Occupation), making it an ideal investment opportunity. Located in a prime location for students, it is conveniently close to numerous local amenities.The house boasts a large open plan kitchen and lounge area, creating a welcoming and communal space for the residents. The open plan layout ensures that the area feels bright, spacious, and perfect for socializing or studying. Additionally, the kitchen is fully equipped with modern appliances and ample storage space, offering convenience and functionality.One of the standout features of this property is its rear patio garden. The garden provides a private outdoor space for the residents to relax, unwind, or even host small gatherings. It offers a tranquil environment away from the hustle and bustle of the city, allowing for a peaceful retreat.In terms of its investment potential, the house currently generates an income of 36,000 per year. This is a significant return on investment, making it an attractive option for investors looking to capitalize on the student housing market. With six bedrooms, the property has the capacity to accommodate a large number of students, maximizing its rental income potential.Furthermore, the house's location offers easy access to both the town center and universities. This is particularly advantageous for students, as it reduces commuting time and provides convenience. Proximity to the universities also increases the demand for housing in the area, ensuring a steady stream of potential tenants. GROUND FLOOR ENTRANCE HALL BEDROOM SIX 12' 2" x 11' 9" (3.71m x 3.58m) BEDROOM FIVE 11' 11" x 10' 2" (3.63m x 3.1m) LOWER GROUND FLOOR SITTING ROOM/ KITCHEN 23' x 15' 2" (7.01m x 4.62m) WC FIRST FLOOR BEDROOM FOUR 10' 6" x 8' 7" (3.2m x 2.62m) BEDROOM THREE 13' 3" x 10' 10" (4.04m x 3.3m) BATHROOM SECOND FLOOR BEDROOM TWO 13' 7" x 9' 7" (4.14m x 2.92m) BEDROOM ONE 13' 9" x 12' 1" (4.19m x 3.68m) OUTSIDE REAR GARDEN
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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