Location Location Location. Substantial Victorian End Terrace Two Storey Five Bedroom Licensed hmo Offering a 5.8% Gross Yield. A Rare Find with Five Double Bedrooms.
The location makes this property stand out from the crowd. Perfectly situated in a small exclusive terrace within walking distance to the city centre, perfectly located for the student U1 bus route which is just around the corner, the amenities in Moorland Road and to their friends living in Oldfield Park. Absolutely spot on location. Every student group looking to rent a property loves double bedrooms throughout.
The accommodation includes five spacious double bedrooms, a communal sitting room, kitchen, bathroom and a predominantly south facing rear garden. Double glazing & GCH.
Offered for sale as a going concern with tenants in situ. This property is currently rented as a licensed hmo to 5 students with a 2018/19 income of £2,425 pcm (£485 pppm on a 11.75 month tenancy. The same terms have been agreed for the 2019/20 academic year.
Agent notes:
• Internal photography has been provided by the vendor.
• There is precedence in the terrace for a loft conversion and consequently scope to increase the gross yield subject to permissions.
• New boiler installed March 2019.
Entrance Hall
Decorative ceiling. Cornicing. Under stairs cupboard. Stairs to first floor.
Window to side. Two storage cupboards. TV point. Radiator. UPVC door to rear garden.
Window to rear. Range of base and wall units. Laminate worktops. Inset 1.5 sink. Free standing cooker. Free standing washing machine and dryer. Free standing tall fridge freezer.
Double bedroom. Bay window to front. Picture rail. Cornicing. Ceiling rose. Mantelpiece. Radiator.
Double bedroom. Window to rear. Picture rail. Cornicing. Mantelpiece. Radiator.
Double bedroom. Bay window to front. Picture rail. Mantelpiece. Radiator.
Double bedroom. Window to rear. Picture rail. Radiator.
Double bedroom. Window to rear. Picture rail. Feature fireplace. Radiator.
Window to side. Panelled bath with shower over. Low level WC. Radiator. Sink. Extractor fan.
Predominantly south facing.
Precedence in terrace to convert to parking subject to permissions.
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