Well presented five-bed HMO with outdoor communal gardens, two reception rooms. Previous rent passing of £31,800, the property is now vacant with new tenants due presenting a potential income of £34,000 pa.

Presented is a fantastic opportunity for an investor to purchase a licensed five bedroomed HMO situated in the popular location of Rectory Farm, Northampton. The property was previously let at £31,800 per annum however the current vendor is in the process of re-letting all of the rooms with a potential rental income of £34,000 per annum. The accommodation extending to approximately 1400 square feet comprising five bedrooms with two internal showers, two Ensuite shower rooms and a bathroom. There is a shared WC with a communal lounge/dining room, conservatory and kitchen. The property presents a low maintenance paved rear garden with pedestrian access to the rear and off road communal parking to the front.

Tenure

Freehold

ACCOMMODATION

GROUND FLOOR

Entrance Hall, WC, Bedroom one, Bedroom two

FIRST FLOOR

Bedroom three, Ensuite, Lounge, Kitchen, Dining area, Conservatory.

SECOND FLOOR

Bedroom four, Bathroom.

THIRD FLOOR

Bedroom Five, Bathroom

OUTSIDE

Mainly laid to paving and slate shingle, fence boundary with pedestrian gate leading to the rear.

VIEWINGS

BY APPOINTMENT ONLY - CALL 01604 259773

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Northampton Borough Council. Tel: 0300 330 7000

Additional Fees

Buyer's Premium - The purchaser will also be required to pay a buyer's premium of £1,200 (£1,000 plus VAT).

Administration Charge - The purchaser will be required to pay an administration charge of £660 (£550 plus VAT).

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.