The property is a 9 bed HMO and is comprised of 3 bedrooms, 3 bathrooms, 2 kitchens and a dining room on the ground floor. On the first floor there is an additional 6 bedrooms, 3 of the bedrooms are arranged across first and second floor. To the rear is a large yard area with ample space for parking.
The property is fully tenanted and currently generating an income of £47,472 per annum. There is also a government grant for heat pumps which have been installed which is providing £3,713 per annum. Therefore, the total income for the property is £51,185 per annum.
The property measures approximately 2,551 sqft internally and has a yard space to the rear which can be used for parking.
Offers are encouraged in excess of £550,000 and viewings are by appointment only.
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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