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- Fantastic HMO Investment Opportunity +
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- Attractive Rental Yield +
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* Offered as a HMO Property Or Residential Home
A fantastic opportunity to purchase a spacious property which is currently being used as a HMO property. The property is being marketed either to investors wishing to take on an exciting rental opportunity or to buyers looking for a residential home.
The property is set within a large plot currently offering seven individual rooms, and five bathrooms, a large kitchen and conservatory space, utility room and spacious garden.
Offered as freehold, the property offers an attractive rental yield and a fully occupied annual rental income of circa £30/35k p/a.
As a residential home, the property is ideal for larger families, or someone looking to house an elderly relative as the property does offer additional downstairs bedroom, bathroom and lounge. If the property was to be purchased as a residential home, you would benefit from five upstairs bedrooms with three upstairs bathrooms and a downstairs bedroom with bathroom and lounge.
Ideally located for M5 Motorway travel links and local amenities. The property has easy access to public transport links and local schools and nurseries.
Please call Oakmans today to arrange your viewing!
We have been advised by the owner that the property is Freehold and the council tax is band is E
Please note this should be verified by your Solicitors and Oakmans Estate Agents cannot be held responsible if the information is incorrect.
Semi-Detached House
Tenure: Freehold
Construction Type: Standard
Parking Arrangements: Drive/Garage
Broadband: Cable BT
Mobile Signal Coverage: BT
Water Supply: Mains
Sewerage: Mains
Electric: Mains/
Heating Supply: Gas
Building Safety Issues: No
Special Conditions: None
Flood Risk or Previous Flooding: No
Mine Shafts/Coal Fields/Erosion: No
Restrictions: No
Rights and Easements: No
Planning Permissions: No
Local Developments: No
Accessibility Adaptations: No
Anti-money Laundering Checks (AML)
Regulations require us to conduct identity and AML checks and gather information about every buyer's financial circumstances. These checks are essential in fulfilling our Customer Due Diligence obligations, which must be done before any property can be marked as sold subject to contract. The rules are set by law and enforced by trading standards.
We will start these checks once you have made a provisionally agreeable offer on a property. The cost is £100 (plus VAT). This fee covers the expense of obtaining relevant data and any necessary manual checks and monitoring. It's paid in advance via our onboarding system, Kotini, and is non-refundable.