Six bedroom detached house Let residential investment

This modern six bedroom detached property is situated on a small cul-de-sac off Attoe Walk less than two miles north of the city centre. The property is run as a registered HMO and currently four rooms are let and two are vacant. Current income is £12,000 pa (£1,000 pcm) including bills.When fully let it has the potential to produce around £26,000 pa. It is anticipated that the property will be fully let by the auction. The five year HMO licence commenced 14th July 2017 and expires 12th July 2022.

Tenure

Freehold

Description:

Ground floor: Entrance hall, lounge/diner kitchen, wc, bedroom

First floor: Landing, three bedrooms, bathroom

Second floor: Landing, two bedrooms, one ensuite

Outside: The property benefits from a single garage, ample parking and a private enclosed rear garden.

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

Norwich City Council

Solicitors

Howes Percival, 1 Bedding Lane, Norwich, NR3 1RG, Ref: Alex Farman, Tel: 01603 762103

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £900 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.