An Eight Bedroom Licensed HMO (all with shower rooms and kitchenette) Mid Terrace Building Part Let Producing a Combined Income of Approximately £37,560 Per Annum. Estimated Rental Value once Fully Let of £49,080 per annum.

The property comprises a four storey mid terrace building with a licensed HMO currently arranged over lower ground, ground, first and second floors.

Tenure

Freehold

In the Same Family Ownership for 18 Years

Location

The property is situated in Swindon town centre close to the local shops, including The Designer Outlet village. The open spaces of The Park are within close proximity. Transport links are provided by Swindon rail station 0.5 miles away, with London less than an hour by train.

Accommodation

All rooms networked with Virgin Media 200mb broadband. Lower Ground Floor 1 x Letting Room with separate kitchen/shower room. 1 x Shared laundry/kitchen area with 2 x shared WC’s. Ground Floor 3 x Letting Rooms with Shower Room & Kitchenette First Floor 3 x Letting Studio Rooms with Shower Room & Kitchenette Second Floor 1 x Letting Studio Room with Shower Room & Kitchenette 1 x Shared WC GIA 190.1 Sq m / 2,046 Sq ft

Exterior

The property benefits from off street parking for 2 cars at the rear.

Tenancy

Please refer to the legal pack for a full tenancy schedule. Current Combined Rent £37,560 per annum

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

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.