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A five bedroom terraced house licenced to be used as a five room, six people HMO with a rental income of £27,560 pa.
This five bedroom HMO is currently generating an income of £27,560 pa. The accommodation comprises two ground floor bedrooms with en-suite showers and a communal kitchen. On the first floor are three bedrooms, two with en-suites. Spalding is located north of the city of Peterborough and offers shopping and schooling facilities. Room 1 £85 per week Room 2 vacant (£110) per week Room 3 £115 per week Room 4 £110 per week Room 5 £110 per week.
Tenure
Freehold
Ground floor
Hall, two bedrooms with en-suite showers and a communal kitchen.
First floor acoommodation
Three bedrooms, two with en-suite shower rooms.
Council Tax Band
A
Energy Efficiency Rating (EPC)
Current Rating E
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
South Holland District Council
Solicitors
EHL Solicitors, 1320 Melton Road, Ref: EHL Solicitors, Tel: 0116 402 6688
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
Buyer's Premium - £900 inc VAT payable on exchange of contracts.
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.