Bidding opens Monday 21st October 2024 at Midday and closes Wednesday 23rd October 2024 at Midday.
5 Bedroom Fully Licenced HMO Residential Investment
An opportunity to acquire a 5 bedroom fully occupied HMO bay fronted property, currently let at £1700 p/c/m, therefore currently producing an gross annual income of £20,400 per annum. No internal inspection has been carried out; however, we are informed that the property has been recently refurbished. We are also advised that the current managing agent would be happy to continue the management of the house.
The house located close to the University Campus at Treforest whilst also offering good access to the A470 and M4. A good range of shops and amenities along with several schools are locally positioned.
Accommodation (Not inspected but advised to comprise of the following)
Council Tax Band B
Ground Floor: Hall, bedroom, communal lounge, kitchen, 2 x bathroom.
First floor: Landing, four bedrooms.
Outside: Garden to rear.
Tenure: Advised Freehold
Tenancies: The property is currently let at £1700 per calendar month, therefore producing a gross annual income of £20,400 per annum.
Viewings: Through Auction House Wales on
Tenure: Freehold
EPC Rating: C
Administration Fee: 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.