Attention Investors. Offering a 6.31% gross yield and let through until summer 2019, this licensed 5-bedroom two storey Victorian hmo Licensed Student property is in a prime position just a stroll away from Moorland Rd and offers particularly spacious and well-planned accommodation. Sold as a going concern, the house currently comprises of five bedrooms (three upstairs and two downstairs), sitting room, lean-to (utility area) kitchen, downstairs cloak room and 2 shower rooms on the first floor (1 with an extra WC). External amenities include a maintained enclosed rear and front gardens. An ideal investment in the best possible location for access to U1/U2 bus routes, local shops and the city centre. Subject to necessary permissions, there is also potential for expansion in the loft. Sole Agents. This fully furnished property is ready to go with five current students until July 2019 as a licensed hmo (ref 14/00850/hmoadd) with a 2018/19 gross income of £ 30,000 (£500pppm) on a 12 months contract starting 1st August 2018. Sold as a going concern with tenants and inventory in situ.
Double glazed top lit front door, meter cupboard, dado rail, coved ceiling, part glazed internal door, radiator, stairs to first floor, door to living room, kitchen, cloakroom and bedroom.
Double glazed bay window to front, radiator.
Borrowed light window to rear, radiator.
Low level WC, wash basin, extractor fan.
Double glazed rear windows, range of base and wall units with worktops and inset sink/drainer, free standing cooker, cupboard
housing combination boiler, washing machine, part glazed door to utility room.
Double glazed sliding door to garden, wall mounted worktop, tumble drier, fridge freezer.
Doors to bedrooms, and doors to 2 shower rooms.
Double glazed window to rear, radiator.
Double glazed window to rear, radiator.
Double glazed window to front, radiator.
Double glazed window to rear, radiator.
Tiled flooring, shower Cubicle with tiled splash back and tempered glass shower screen, pedestal wash basin, low level WC
Tiled flooring, shower cubicle with tiled splash back, tempered glass screen, heated towel rail and extractor fan
Bordered by walls with gated path leading to entrance, landscaped with roses and shrubs.
Bordered by wall and fencing with gate to rear access, landscaped with patio area, path leading to rear gated access and shed, lawn area with floral borders and well established shrubs.
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