FOR SALE BY ONLINE AUCTION - A fully tenanted seven bedroom, six bathroom HMO let to working professionals producing £44,940 per annum

Description
Freehold mid-terrace tenanted HMO
7 bedrooms, 5 ensuite bathrooms and 1 shared bathroom
Communal kitchen and reception room
Benefits from a large rear garden
Prime location with strong rental demand
Current annual income of £44,940 per annum / £3,745 per month
Impressive 13.6% yield on guide price
Sui Generis planning permission in place

Location
Situated on the well-connected Empress Road in Loughborough, the property benefits from convenient access via the A6 and A512. Providing direct routes to Loughborough town centre, Loughborough University, and Loughborough Hospital. Set within a popular residential area near major employers, it is close to a range of local amenities including shops, schools, and parks.

Transport links are provided by both Loughborough and Barrow-upon-Soar Rail Stations.

Planning
Planning granted through Charnwood Borough council ref: P/19/0133/2 (21-01-2019)

Change of use from House in Multiple Occupation (Use Class C4) to a Large House in Multiple Occupation (Use Class Sui Generis)

HMO Compliance
- HMO Licence
- EICR
- Fire Risk Assessment
- Building Regulations Certificate
- Emergency Lighting Test
- Fire Alarm Test Certificate
- Gas Safety Certificate

Copies of these documents can be found within the legal pack