ROI = 8% BMV = 18.43%
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Description
*** GREAT INVESTMENT OPPORTUNITY *** Prime location for student rental, situated on level ground close to amenities, just a short stroll to the city centre and frequent buses to the universities. A three storey townhouse which is arranged as a four double bedroom HMO and is let until 01/09/2025 at £2,800 pcm or £33,600 per annum. Scope to extend into the loft space (subject to usual consents) with potential for two additional bedrooms and a higher rental income. Would make an excellent addition to a buy to let portfolio. Lower Ground Floor: - Living Room - 4.13m x 3.01 (13'6" x 9'10") - Kitchen - 4.13m x 2.86m (13'6" x 9'4") - Ground Floor: - Bedroom - 3.20m x 2.24m (10'5" x 7'4") - Bedroom - 3.17m x 2.61m (10'4" x 8'6") - Separate Wc - First Floor: - Bedroom - 4.25m x 2.14m (13'11" x 7'0") - Bedroom - 3.20m x 2.56m (10'5" x 8'4") - Shower Room - Garden - 5.70m x 4.46m (18'8" x 14'7") -
Find out MoreProperty Details
- Property ID: 152499506
- Added On: 2024-09-16
- Deal Type: For Sale
- Property Price: £450,000
- Bedrooms: 4
- Bathrooms: 1.00
Amenities
- Being Sold as an Ongoing Investment
- Arranged Over Three Levels
- Four Double Bedroom HMO
- Good Condition
- Let Until 01/09/25
- Currently Producing £2,800pcm or £33,600 pa
- Generous Communal Areas
- Potential to Extend (Subject to Consents)
- Prime Location for Students
- Easy Access to City Centre & Universities
