£245,000

5 bedroom terraced house for sale

Bridgwater, Somerset
terraced house terraced house
bedrooms 5 bedrooms

Property description

TWO FIVE ROOM HMOs



We are pleased to offer to the market this retirement sale of TWO near identical HMOs (House of Multiple Occupancy). The purchase would include or fixture, fittings and furniture and has 100% occupancy. The current average rent per room at £135 per week (£35,100 gross annually) reflects the fact that some modernisation and updating is required, but by no means necessary. Similar properties achieve a weekly rent of up to £175 per week (£45,000 gross per annum per property) if brought up to a higher standard. This would inevitably increase the value of the property as well, of course.



Each property comprises; FIVE double bedroom spread over three floors, a kitchen, bathroom and second WC. There is also a lean to off the side of the kitchen. The property is fully compliant with HMO standards and have Grade A alarm systems.



Viewing by appointment only and at least 24 hours notice needs to be provided to the tenants some of whom work night shift.



Price: £245,000 each.



EPC Rating: D 55



Council Tac Band: B



Gas central Heating
Read more

Property photos

Interested in this property?

Check Your Credit Report & Score

Bridgwater, Somerset

Marketed by

Linda Saunders Estate Agents - Bridgwater 45 High Street Bridgwater TA6 3BG
Call agent on 01278 285880
Contact agent

Placebuzz mortgage repayment calculator

Property price£
Deposit£
Interest rate%
Repayment period
Monthly repayment

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.

View all property for sale in Bridgwater

Bridgwater, Somerset - Streetview

DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Linda Saunders Estate Agents - Bridgwater. 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 Linda Saunders Estate Agents - Bridgwater for full details and further information.