Property description

8 BEDROOM STUDENT - SINGLE ROOM LET GENERATING £32,00 PER YEAR = 14% YIELD AT ASKING PRICE / SUPERB RENOVATED KITCHEN COMMUNAL ROOM / 3 BATHROOM & ADDITIONAL DOWNSTAIRS W.C. / SCOPE TO EXTEND TO THE REAR (SUBJECT TO RELEVANT CONSENTS) / WITHIN A MATTER OF A FEW HUNDRED METRES FROM THE UNIVERSITY
**LARGE EXTENDED 8 BED-ROOMED PROPERTY WITH HMO LICENSE AND MODERNIZED THROUGHOUT**
In one of the most popular town centre locations, within minutes of the University, this large extended 6 Bedroom, 2 reception room property is currently housing 8 single room tenants with a combined rental income of circa £35,000 per annum. The property has been upgraded by the current owner, and provides all relevant features a HMO requires including fire security / alarms, individual locks to each room, CCTV, and meets all necessary fire regulations. The property offers scope for further development due to the end terrace nature of the property and the large yard.

Property Features :

• SUPERB H.M.O PROPERTY - LOCATED WITHIN MINUTES OF THE UNIVERSITY
• CURRENTLY FULLY LET GENERATING A RENTAL INCOME OF IN THE REGION OF £32,000 A YEAR
• ACCOMMODATION SPREAD OVER 3 STOREYS
• POTENTIAL OF FURTHER DEVELOPMENT INTO THE REAR YARD (SUBJECT TO RELEVANT CONSENTS)
• FANTASTIC COMMUNAL KITCHEN, 3 BATHROOMS / SHOWER ROOMS