TURN-KEY HMO INVESTMENT – 345 OLD DURHAM ROAD ALL ROOMS FULLY FURNISHED – RENTAL INCOME OF £1,785 PER MONTH
Currently Fully Let to 4 Tenants
An ideal investment opportunity, this fully tenanted HMO is located at 345 Old Durham Road and is ready for a hands-off investor. Spread across two floors, the property is sold as seen with all furniture and white goods included.
The layout includes a communal entrance and hallway leading to the first floor. All four bedrooms are fully furnished, each with a wardrobe and chest of drawers. Three rooms contain double beds, while the fourth features a ¾ size double.
The shared kitchen and living space offer excellent functionality, with:
Ample cupboard storage Two large fridge freezers Washing machine Dishwasher Electric hob and oven Dining table and chairs 2 Rooms with en-suite
Externally, there is a shared rear yard. EPC Rating: C
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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