Studio flat for sale

A sought-after fully licenced 12-person HMO which is currently fully let at £78,300 (bills included), which has 6x rooms with fully fitted kitchenettes and shared shower/utility rooms. The building's layout itself has the potential to convert into 7x self-contained HMO studio rooms, which would enable the ERV on the rent to increase to c.£75,000pa (bills not included) and c.£65,000pa with its current layout. A schedule of accommodation is set out within the brochure. The building itself is in good condition, sized at c.230sqm/2,476sqft, with further potential to extend into the loft space to add an 8th HMO room (subject to planning consent).