- STUDENT INVESTMENT HMO +
- FULLY LET UNTIL SUMMER 2025 +
- GREAT LOCATION +
- 5 DOUBLE BEDROOMS +
- 2 BATHROOMS +
INVESTMENT OPPORTUNITY, 5 BEDROOMS WITH £23,400k P/A INCOME, RE LET UNTIL SUMMER 2025
CURRENTLY LET TO 5 AT £22,620 UNTIL JUNE 2024. RE LET TO 5 FROM SUMMER 2024 TO SUMMER 2025 at £23,400. TENANTS PAY THE UTILITY BILLS IN ADDITION TO THIS RENTAL FIGURE.
A prime student letting hot spot and the property benefits from a 5 double bedrooms, kitchen, lounge, 2 bathrooms and external space.
The rental return could be increased with some cosmetic improvements to the property over time.
A VERY ATTRACTIVE INVESTMENT OPPORTUNITY, BENEFITING FROM AN OPPORTUNITY TO INCREASE RETURN & URGE EARLY VIEWING TO AVOID DISAPPOINTMENT!
The sale of the property is subject to the buyer retaining the current letting agent's management for at least the tenancy agreements already in place.
We have been advised by the vendor that the property has been let to 5 tenants for over 10 years and are awaiting copies of the tenancy agreements.
Possession: Subject to existing tenancy agreements. Vacant possession 27th June 2025.
PLEASE NOTE The extent of the property and its boundaries are subject to verification by inspection of the title deeds. The measurements in these particulars are approximate and have been provided for guidance purposes only. The fixtures, fittings and appliances have not been tested and therefore no guarantee can be given that they are in working order. The internal photographs used in these particulars are reproduced for general information and it cannot be inferred that any item is included in the sale.
VIEWING ARRANGEMENTS Strictly by prior appointment with Silverspring Sales & Lettings Ltd. TENURE: We are advised by our client that the property is FREEHOLD. MONEY LAUNDERING REGULATIONS Money Laundering Regulations (Introduced June 2017). To enable us to comply with the expanded Money Laundering Regulations we are required to obtain identification from prospective buyers once a price and terms have been agreed on a purchase. Buyers are asked to please assist with this so that there is no delay in agreeing a sale.