A fantastic opportunity to purchase a spacious property which is currently being used as a HMO property. The property is being marketed either to investors wishing to take on an exciting rental opportunity or to buyers looking for a residential home.
The property is set within a large plot currently offering seven individual rooms, and five bathrooms, a large kitchen and conservatory space, utility room and spacious garden.
Offered as freehold, the property offers an attractive rental yield and a fully occupied annual rental income of circa £30/35k p/a.
As a residential home, the property is ideal for larger families, or someone looking to house an elderly relative as the property does offer additional downstairs bedroom, bathroom and lounge. If the property was to be purchased as a residential home, you would benefit from five upstairs bedrooms with three upstairs bathrooms and a downstairs bedroom with bathroom and lounge.
Ideally located for M5 Motorway travel links and local amenities. The property has easy access to public transport links and local schools and nurseries.
Please call Oakmans today to arrange your viewing!
We have been advised by the owner that the property is Freehold and the council tax is band is E Please note this should be verified by your Solicitors and Oakmans Estate Agents cannot be held responsible if the information is incorrect.
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 Oakmans Estate Agents - Northfield. 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 Oakmans Estate Agents - Northfield for full details and further information.