Listed for £400,000
July 15, 2024
Sold for £190,000
2016
GREAT INVESTMENT OPPORTUNITY...
Discover this exceptional investment opportunity with an annual gross rental yield of approximately 8.01%. This five-bedroom semi-detached house, currently functioning as an HMO, offers remarkable versatility and could also serve as a fantastic family home. Situated in a quiet, residential area, within close proximity to various local amenities, regular transport links including the tram, and easy commuting routes. Upon entering, you are welcomed by a spacious entrance hall that leads to a reception room, providing a comfortable shared space for the residents. The ground floor also includes a generously sized double bedroom and a modern kitchen diner, perfect for the residents' culinary needs. The first floor features two double bedrooms, a well-appointed three-piece bathroom suite, and a separate shower room, ensuring convenience and comfort for all occupants. The top floor houses two additional double bedrooms, completing the accommodation. Externally, the property offers on-street parking to the front, and to the rear, an enclosed garden with a lawn and a variety of plants and shrubs. Additionally, there is access to a convenient outdoor utility room and W/C, enhancing the functionality of the property.
MUST BE VIEWED!
Ground Floor -
Entrance Hall - 1.59m x 6.39m (max) (5'2" x 20'11" (max)) - The entrance hall has tiled flooring, carpeted stairs, a radiator and a single composite door providing access into the accommodation.
Living Room - 4.29m x 3.82m (14'0" x 12'6") - The living room has laminate wood-effect flooring, a radiator, a picture rail, ceiling coving and a bay window to the front elevation.
Bedroom One - 3.20m x 4.27m (10'5" x 14'0") - The first bedroom has laminate wood-effect flooring, a radiator, a picture rail, ceiling coving, a decorative mantelpiece and two UPVC double-glazed windows to the side and rear elevations.
Kitchen - 3.14m x 5.59m (10'3" x 18'4") - The kitchen has a range of fitted base and wall units with worktops, a stainless steel sink and a half with a drainer and a swan neck mixer tap, an integrated oven, gas hob, extractor fan, two radiators, partially tiled walls, laminate wood-effect flooring, two UPVC double-glazed windows to the side elevation and a single UPVC door providing access to the rear garden.
First Floor -
Landing - 4.69m x 1.58m (15'4" x 5'2") - The landing has carpeted flooring, a radiator and access to the first floor accommodation.
Bedroom Two - 3.52m x 4.96m (11'6" x 16'3") - The second bedroom has carpeted flooring, a radiator and two UPVC double-glazed windows to the front elevation.
Bedroom Three - 3.23m x 3.70m (10'7" x 12'1") - The third bedroom has carpeted flooring, a radiator and a UPVC double-glazed window to the rear elevation.
Shower Room - 1.50m x 1.35m (4'11" x 4'5") - This shower room has a low level dual flush W/C, a wall-mounted wash basin, a shower enclosure with a shower fixture, partially tiled walls, a radiator, tiled flooring and a UPVC double-glazed obscure window to the side elevation.
Bathroom - 2.27m x 3.16m (max) (7'5" x 10'4" (max)) - The bathroom has a low level flush W/C, a pedestal wash basin, a panelled bath with a shower fixture, a radiator, partially tiled walls, tiled flooring, an extractor fan and a UPVC double-glazed obscure window to the side elevation.
Second Floor -
Landing - 1.86m x 1.57m (6'1" x 5'1") - The landing has carpeted flooring, a loft hatch, a Velux window and access to the second floor accommodation.
Bedroom Four - 2.92m x 4.95m (9'6" x 16'2") - The fourth bedroom has carpeted flooring, a radiator and two UPVC double-glazed window to the side and front elevations.
Bedroom Five - 3.25m x 3.06m (10'7" x 10'0") - The fifth bedroom has carpeted flooring, a radiator and a UPVC double-glazed window to the side elevation.
Outside -
Front - To the front of the property is access to on-street parking, gated access to the rear garden and a hedge boundary.
Rear - To the rear is an enclosed garden with a patio area, a lawn, access to the utility room & W/C, plants and shrubs and fence panelling boundary.
Utility Room - 1.85m x 1.86m (6'0" x 6'1") - The utility room has space and plumbing for a washing machine & tumble dryer, courtesy lighting and a single door providing access.
Outside Wc - 1.83m x 0.91m (6'0" x 2'11") - This space has a low level flush W/C, a wall-mounted wash basin, tiled flooring, courtesy lighting and a single door to provide access.
Additional Information - Electricity – Mains Supply
Water – Mains Supply
Heating – Gas Central Heating – Connected to Mains Supply
Septic Tank – No
Broadband – Virgin Media, Openreach
Broadband Speed - Ultrafast Broadband available with the highest download speed at 1000Mpbs & Highest upload speed at 220Mbps
Phone Signal – Good coverage of Voice, 3G, 4G & 5G
Sewage – Mains Supply
Flood Risk – No flooding in the past 5 years - The government website states this is a medium risk floor area.
Flood Defenses – No
Non-Standard Construction – No
Any Legal Restrictions – No
Other Material Issues – No
Disclaimer - Council Tax Band Rating - Broxtowe Borough Council - Band C
This information was obtained through the directgov website. HoldenCopley offer no guarantee as to the accuracy of this information, we advise you to make further checks to confirm you are satisfied before entering into any agreement to purchase.
The vendor has advised the following:
Property Tenure is Freehold
Agents Disclaimer: HoldenCopley, their clients and employees 1: Are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and HoldenCopley have not tested any services, equipment or facilities. Purchasers must make further investigations and inspections before entering into any agreement.
Purchaser information -The Money Laundering, Terrorist Financing and Transfer of Funds(Information on the Payer) Regulations 2017(MLR 2017) came into force on 26 June 2017. HoldenCopley require any successful purchasers proceeding with a property to provide two forms of identification i.e. passport or photocard driving license and a recent utility bill or bank statement. We are also required to obtain proof of funds and provide evidence of where the funds originated from. This evidence will be required prior to HoldenCopley removing a property from the market and instructing solicitors for your purchase.
Third Party Referral Arrangements - HoldenCopley have established professional relationships with third-party suppliers for the provision of services to Clients. As remuneration for this professional relationship, the agent receives referral commission from the third-party companies. Details are available upon request.
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