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Six Bedroom Licensed HMO - Part Let - Potential Gross Income £34,000 per annum
End-terrace property which has been reconfigured, currently used as a licenced 6 bed HMO. Internally, the property benefits from contemporary communal kitchen; fully certified gas combi boiler; Nest remote heating control system; 2x washrooms with shower, wash-hand basin and w.c.; Wi-Fi and double glazing throughout. The accommodation is arranged as follows: Ground Floor Entrance hallway; 2x double bedrooms and shared kitchen First Floor Landing; 3x double bedrooms and 2x shower-rooms Attic 1x double bedroom with kitchenette and velux window. We are informed that four of the six bedrooms are currently Let with rents ranging from £3,640 p.a. to £5,760 p.a. inclusive of bills. The estimated gross rental income when fully Let is £34,000 per annum. Rents are inclusive of utilities, council tax and wi-fi/broadband. A full tenancy schedule (including outgoings) can be found in the legal pack. The property is located in an established residential location, within close proximity of the town centre and associated amenities. Motorway links including the M65, M61 and M6 lie approximately 15 minute drive from property.
See Legal Pack
Energy Efficiency Rating (EPC)
Current Rating TBC
Pendle Borough Council
Buyer's Premium - 1.2% inc VAT of the purchase price payable on exchange of contracts.
Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 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.