- IDEAL INVESTMENT OPPORTUNITY +
- 10.3% GROSS YIELD +
- INCOME £20,760 P.A. INC BILLS +
- HMO LICENSE +
- 4 X INDIVIDUAL LET ROOMS +
- COMMUNAL LOUNGE AND KITCHEN +
- LARGE REAR GARDEN +
- POTENTIAL FOR DRIVEWAY (STP) +
- NO UPWARD CHAIN +
- DONT MISS IT! +
OUTSTANDING INVESTMENT OPPORTUNITY - HMO LICENSE - 4X LET £20,760 GROSS INCOME (BILLS INCLUSIVE WITHIN THE RENT) 10.3% GROSS YIELDLET ON 4 X INDIVIDUAL ROLLING TENANCIES NO UPWARD CHAIN
A rare and outstanding investment opportunity to purchase this end town house, set in a popular area within walking distance to Loughborough Uni, shops and amenities. The property would ideally require upgrading and modernisation, and offers excellent further potential.
Entrance Hallway - A spacious hallway with stairs to the first floor.
Lounge - A small communal lounge area with window to the front.
Bed 1 - A ground floor let bedroom with window to the front.
Dining Kitchen - Fitted with a range of units, breakfast bar and window/door to the rear.
First Floor Landing - With window to the side and access to all rooms.
Bedroom 2 - With window to the front.
Bedroom 3 - with window to the rear.
Bedroom 4 - With window to the front.
Bathroom - Fitted with a three piece suite comprising low level flush w/c, wash hand basin and bath with shower over.
Outside - The property is well set back from the road, with an area of garden which lends itself to creating a driveway, subject to necessary permissions and consents. The rear garden is generous in size, with patio, lawn and outbuildings.
The Area - The property is perfectly situated with a number of amenities within short walking distance, including a wider range of facilities and supermarket at nearby Gorse Covert shopping area. There is local regular bus route and picturesque walks to nearby Jubilee Park and along Blackbrook Way. Loughborough town centre offers a wide range of amenities including Loughborough train station with direct link to London St Pancras in 1hr 40mins. The Loughborough University Campus is a short walk away.
Extra Information - To check the Internet and Mobile coverage you can use the following link: gb/broadband-coverage
To check any Flood Risks you can use the following link: https://check-long-term-flood risk.service.gov.uk/postcode
Each room is priced differently ( Room 1 as £400, Room 2 as £380, Room 3 as £475, Room 4 as £475) which totals £1,730 pcm, and £20,760 per annum, bills are included in the rent and are the responsibility of the Landlord to pay. Bills include Council Tax, Water, Gas, Electric and Internet. The property is let to 4 x professionals on month to month rolling contracts.