Call the team on 01603 505 100 for more information
Four storey HMO - potential income £26,780pa
Four storey house of multiple occupation - potential income £26,780pa An impressive four storey end town house currently divided into six self-contained units with a potential income of £26,780pa. The property has provided an excellent income over the previous years and would be a valuable asset to add to an existing portfolio. The property has a large rear garden with off-road parking.
Tenure
Freehold
Description
The property is split into six, one bedroom and studio apartments. The basement flat has recently been refurbished and is currently being offered to prospective new tenants.
Income
Flat 1 - £90pw - Ground floor flat (front) Flat 2 - £100pw - First floor flat Flat 3 - £100pw - Second floor flat - vacant Flat 4 - £75pw - Basement flat - vacant Flat 5 - £60pw - Rear garden flat Flat 6 - £90pw - Ground floor flat (rear) Flat 4 - £75pw Flat 5 - £60pw Flat 6 - £90pw
Tenancy
All apartments are let on Assured Shorthold Tenancy agreements and the full details will be available within the legal pack which is free to download via our website.
Viewing
Open days
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
The Borough Council of King's Lynn and West Norfolk. Tel: 01553 692722
Solicitors
Birketts, Kingfisher House , 1 Gilders Way, Norwich NR3 1UB, Ref: Ms Jane Mickleburgh, Tel: 01603 756517
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 - 0.3% inc VAT of the purchase price, subject to a minimum of £1,200 (£1,000+ 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.