£475,000

5 bedroom link-detached house for sale

Giffard Park, Milton Keynes MK14
detached house detached house
bedrooms 5 bedrooms
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Property description

Superb Five Bedroom Licensed HMO – High-Yield Investment in Milton KeynesAn outstanding opportunity to acquire a fully licensed five bedroom HMO in Milton Keynes, currently generating approximately £45,600 per annum (£3,800 per month) for the owner. This well-maintained property offers a strong rental history with consistently high demand for rooms, making it an ideal investment for landlords seeking reliable income.
Five Bedrooms: Four en suite bedrooms; the fifth bedroom has exclusive use of its own bathroom.
Additional Living Space: Two rooms benefit from extra living areas, enhancing tenant comfort.
Modern Communal Areas: Spacious, contemporary kitchen-dining room for residents, plus a ground floor WC.
Private Access: One ground floor room enjoys direct access to the rear garden.
Ample Parking: Off-road parking for up to five cars.
Outdoor Space: Generous rear garden for residents to enjoy.
Prime Location: Convenient for local amenities and major commuting routes.The property is fully compliant with HMO licensing requirements and is currently operated as a successful business. With its excellent facilities, generous parking, and sought-after location, this HMO represents a ready-made, income-generating asset.

Entrance Hall
Ground Floor WC
Kitchen-Dining Room: 4.95m x 2.99m (16'2" x 9'9")
Room 1: 6.34m x 3.25m (20'9" x 10'7") with en-suite
Room 2: Bedroom (3.67m x 2.40m / 12'0" x 7'10") and Living Room (5.01m x 3.53m / 16'5" x 11'6") with en-suite
Room 3: Bedroom (4.98m x 2.94m / 16'4" x 9'7") and Living Area (3.26m x 1.75m / 10'8" x 5'8") with en-suite
Room 4: 3.34m x 3.23m (10'11" x 10'7") with en-suite
Room 5: 4.57m x 3.01m (14'11" x 9'10") with private bathroomRear Garden: Perfect for tenants to enjoy outdoor space.
Off-Road Parking: Adequate parking for all residents.Rental Income Breakdown:Room 1: £800 pcm
Room 2: £850 pcm
Room 3: £650 pcm
Room 4: £800 pcm
Room 5: £700 pcmThe property is sold with all relevant certificates in place (to be verified by your solicitor during the purchase process). This is an ideal investment for those seeking a high-yielding, low-maintenance property in a popular rental area.Current monthly outgoings in the region of £600 per month for home utilities.Please quote CD0104 for all enquiriesFor all enquiries please quote CD0104MONEY LAUNDERING REGULATIONS - Purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. Please note, with the HMRC Anti Money Laundering regulations, I am obliged to request for the source of any funds when purchasing a property. If in doubt, please see the HMRC guidance for Estate Agents and buying homes
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: I have not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: I have not sought to verify the legal title and boundaries of the property and the buyers must obtain verification from their solicitor.
7. In line with regulations and being transparent, I refer clients to Solicitors and Financial Advisors for which I can receive a fee of £200 to £250. You are completely free to choose whoever you wish but these are companies that have provided a good service for my clients.
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Over a month ago

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Giffard Park, Milton Keynes MK14

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eXp UK - East of England 114 St. Martin's Lane London, England WC2N 4BE
Call agent on 020 8128 4480
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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by eXp UK - East of England. 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 eXp UK - East of England for full details and further information.
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