abbotFox presents this ideal investment opportunity. Set up as a fully functional, six bedroom HMO, this property would allow an investor an opportunity to receive an immediate return on investment. With this spacious home having previously undergone a programme of refurbishment, this home has been well maintained and offers tow double bedrooms, spacious kitchen and bathroom to the ground floor. The first floor offers three comfortable bedrooms and a shower room to the first floor with an additional double bedroom to the top floor. This property offers great potential for those looking to generate rental income or expand their property portfolio. The prime location ensures easy access to local amenities, schools, and transport links, with Norwich City Centre within walking distance. An internal viewing comes highly recommended. Guide Price ?350,000 - ?375,000Agents NoteThe following rental figures have been provided by the owner and are correct as of 7/05/24 - *Abbotfox advise potential buyers to review this income information prior to exchange of contracts. Houses of multiple occupancy (HMO) are subject to local authority licensing. ROOM 1 - ?495pcm*ROOM 2 - ?495pcm*ROOM 3 - ?515pcm*ROOM 4 - ?495pcm*ROOM 5 - ?495pcm*ROOM 6 - ?525pcm*Current monthly income - ?3020*Current annual income - ?36,240*
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.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by AbbotFox. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact AbbotFox for full details and further information.