Five bedroom town house Let residential investment

A modern three storey five bedroom end town house. The property operates as an HMO and is currently fully let achieving a rental income of £23,520 pa (£1,960 pcm including bills). A five year HMO licence commenced 18th July 2017 and expires 13th July 2022. The property is located around a mile north west of the city centre close to a range of services and amenities.

Tenure

Freehold

Description:

Ground floor: entrance hall, kitchen/diner, utility area, wc

First floor: three bedrooms, bathroom

Second floor: two ensuite bedrooms

Outside: The property benefits from a low maintenance enclosed rear garden, car port with parking for two cars

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.