*Guide | £330,000 - £350,000 (plus fees)
- Terraced House
- 6 Bedrooms
Call the team on 024 7652 7789 for more information
Tenanted investment opportunity. 3 storey end terraced property with 6 let rooms achieving £42,240 p.a. (gross), yield circa 13%. Current HMO licence (not transferable) granted until 2028 with approval for upto 10 occupants. Approximately 0.7 miles to the town centre and 0.5 miles to the Railway station.
ACCOMMODATION
GROUND FLOOR Hallway: Room 1: 14 ft max x 12 ft 2 in max Room 2: 13 ft 9 in x 9 ft 9 in Kitchen/Lounge: 20 ft 10 in x 9 ft 2 in Shower room: W.C. FIRST FLOOR Room 5: 10 ft 10 in x 9 ft 2 in Room 4: 12 ft 10 in x 9 ft 11 in max Room 3: 11 ft 8 in max x 16 ft 4 in Shower room: W.C. SECOND FLOOR Room 6: 16 ft 10 in max x 16 ft 4 in
OUTSIDE
Front: Paved area. Rear: Paved area. On street parking.
SERVICES AND HEATING
Mains gas, electricity, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.) Gas central heating.
PLANNING
Decision made on: 4 December 2023 "Change of use from dwelling house (C3) into a total of 6 rooms HMO, allowing a total of 10 residents" Planning reference: APP/E3715/W/23/3323021 For further information please contact: Rugby Council
EPC RATING - D
COUNCIL TAX BAND - C
TENURE
Freehold subject to tenancies.
TENANCIES
Assured Shorthold Tenancy Room 1 Term: 6 months from 01/06/2024 (now rolling) Rent payable: £600 p.c.m. Room 2 Term: 6 months from 14/09/2024 (now rolling) Rent payable:£575 p.c.m. Room 3 Term: 6 months from 14/09/2024 (now rolling) Rent payable: £600 p.c.m. Room 4 Term: 6 months from 14/09/2024 (now rolling) Rent payable: £575 p.c.m. Room 5 Term: 6 months from 11/09/2024 (now rolling) Rent payable: £575 p.c.m. Room 6 Term: 6 months from 05/10/204 (now rolling) Rent payable: £595 p.c.m.
ADDITIONAL COSTS
Administration Fee: £2,040 (£1,700 plus VAT) Please see the legal pack for any further costs.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - these fees are included in the above sales particulars.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
Floor Plans
Click the image to view the full-sized floorplan.
