£425,000

   

ROI = 11% BMV = 15.63%
Description

** IDEAL INVESTMENT OPPORTUNITY ** A great chance to acquire a five bedroom licensed HMO property in a popular location for students. Currently vacant but previously let to five sharers with potential for high returns. The accommodation consists of five bedrooms, communal living room, separate kitchen, two shower rooms and off-street parking. Situated on level ground, no big hills to climb and a convenient location for access to the universities and buses into the city centre. Being sold with no onward chain. Front Garden - Pebble infilled hardstand for off-road parking. Entrance Hall - Stairs to first floor. Lounge - 4.04m x 2.28m (13'3" x 7'5") - Window to rear. Kitchen - 3.76m x 3.24m (12'4" x 10'7") - Range of units at eye and base level, worktops, 1.5 bowl stainless steel sink with mixer tap and drainer, spaces for appliances including dishwasher. Utility cupboard, "Vaillant" combi boiler, and side door to garden. Bedroom - 3.01m x 2.59m (9'10" x 8'5") - Window to front. Bedroom - 3.80m x 2.82m (12'5" x 9'3") - Window to front. Landing - Side window, access to loft space. Bedroom - 3.81m x 2.82m (12'5" x 9'3") - Window to front. Bedroom - 4.04m x 2.82m (13'3" x 9'3") - Window to front. Bedroom - 4.04m x 2.04m (13'3" x 6'8") - Window to rear. Shower Room - Corner shower enclosure with tiled splashbacks, thermostatic shower, low-level WC, wash basin with mixer tap and cupboards below. Shower Room - Shower enclosure with tiled splashbacks, thermostatic shower, low-level WC, wash basin with mixer tap and cupboards below. Rear Garden - Generously sized, mostly lawned.

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Property Details
  • Property ID: 127546277
  • Added On: 2024-09-14
  • Deal Type: For Sale
  • Property Price: £425,000
  • Bedrooms: 5
  • Bathrooms: 1.00
Amenities
  • Ideal Investment Opportunity
  • Licensed HMO Property
  • Five Bedrooms
  • Potential for High Returns
  • Communal Living Room & Separate Kitchen
  • Two Shower Rooms
  • Off-Road Parking for Two
  • Convenient Location for Students
  • Easy Access to Universities
  • NO ONWARD CHAIN