Call the team on 020 7625 9007 for more information
A Six Bedroom Fully Licensed HMO Investment. Part Let Producing £17,856 per annum with Two Vacant Rooms. Potential Fully Let ERV of £26,160 per annum.
The property comprises an end of terrace six bedroom HMO arranged over ground and first floors. The property was refurbished in 2018 and will come fully furnished.
Tenure
Freehold
Location
The property is situated on a residential road close to the local shops and amenities. The open spaces of Central Forest Park are within easy reach. Transport links are provided by Stoke-on-Trent rail station.
Accommodation
Ground Floor Two Letting Rooms with En-Suite Communal Kitchen/Diner First Floor Four Letting Rooms (Three with En-Suite) Communal Bathroom
Exterior
The property benefits from a private rear garden.
Tenancy
Four of the Rooms are subject to assured shorthold tenancy Agreements at a combined rent of £1,488 per calendar month. Further details of the tenancies will be included within the legal pack.
Current Rent Reserved
Current Rent Reserved £17,856 per annum
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
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 - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.