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A Six Room Detached HMO Fully Let Producing £57,240 Per Annum (Reflecting a 12.72% Yield On Guide)
The property comprises a six room detached HMO arranged over ground and first floors.
Tenure
Freehold
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Braintree Recreation Ground are within easy reach. Transport links are provided by Braintree rail station.
Accommodation
Ground Floor Five Letting Rooms (All with En-Suites) First Floor Communal Kitchen Letting Room with En-Suite
Exterior
The property benefits from both front and rear gardens.
Tenancy
The property is subject to individual tenancies at a combined rent of £4,770 per calendar month.
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 £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.