A five bedroom HMO with a current income of £1,733 per month.

A five bedroom HMO with a current income of £1,733 per month. This five bedroom, three storey townhouse is currently operated as a fully licensed house of multiple occupation (HMO). The property is sold with tenants in situ producing a gross monthly rent of £1,733. The owner has made significant improvements to convert the property into an HMO. The licence is currently being renewed in the name of the managing agents. Any new owner would need to apply and pay for the licence if they wished to manage themselves. The property is licensed with Peterborough City Council. Peterborough is situated just off the A1 with a main-line rail link into London, Kings Cross.

Tenure

Freehold

Description

Ground Floor

Entrance hall, kitchen/diner, utility, cloaks/wc, bedroom

First Floor

Two bedrooms, bathroom

Second Floor

Two bedrooms, shower room

Outside

One allocated parking space

Viewing

Open days

Energy Efficiency Rating (EPC)

Current Rating C

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Peterborough City Council. Tel: 01733 747474

Solicitors

Hawkins Ryan Solicitors, 19 Tuesday Market Place, King's Lynn, Norfolk PE30 1JW, Ref: Stella Anderson, Tel: (01553) 691661

Additional Fees

Administration Charge - £720.00 including VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.