Property description
Get Me Moved offer ATTRACTIVELY PRICED PROPERTIES from MOTIVATED VENDORS. All our properties are PRICED to ENCOURAGE a QUICK SALE.
Annual income of £37,700 !!
Potential to sell part of the land at the rear with a value of £20,000
The Maples is located on London Road, a prestigious town centre location. It is within 5 minute walk to the High Street, 10 minute walk to the train station and is directly opposite to the Grove Health & Leisure Centre.
The HMO Licence has been issued for 5 years from 14th December 2014.
The property was completely refurbished and refurnished in December 2014 including a new Central Heating system.
The property has one large en-suite studio (2 rooms), 2 large en-suite double bedrooms and 4 large double bedrooms.
There is a large bathroom with shower cubicle and bath and 2 separate wc's.
There is a large fully fitted kitchen/preparation area, dining and sitting room.
Internet/Broadband, Sky TV, Laundry facilities are all available.
There is a large 3 room cellar with further potential.
There is off street parking for 6 cars as well as a large garden.
Because of the quality and location, the property has enjoyed full occupancy since December 2014.
The monthly rental income is £3,140 on minimum 6 month Assured Shorthold tenancy (AST's) - Total £37,700 per annum. The current outgoings paid on D/d's is £570 per month. The property is self-managed.
Each room currently achieves :
Studio (2 Bedrooms) - £150 per week
Double Bedroom 1 - £90 per week
Double Bedroom 2 - £90 per week
Double Bedroom 3 - £90 per week
Double Bedroom 4 - £90 per week
Large en-suite Double Bedroom 1 - £100 per week
Large en-suite Double Bedroom 2 - £115 per week
Property Features :
- 8 Bedroom Detached HMO Property
- Annual income of £37,700
- Half Acre Garden with potential to expand
- Fixtures and fittings included
- Large 3 room cellar with potential for further expansion