Fantastic Seven-Bedroom Investment Opportunity with Parking
An excellent investment opportunity comprising a substantial seven-bedroom property arranged as two separate flats, offering flexible accommodation and a strong existing rental income.
The property is split into a spacious five-bedroom flat and a separate two-bedroom flat, providing a total of seven bedrooms. The property also benefits from off-road parking, adding further appeal for both tenants and investors.
The five-bedroom flat currently generates £1,920 per calendar month, while the two-bedroom flat produces a further £1,100 per calendar month.
This provides a combined rental income of £3,020 per calendar month, equivalent to an impressive £36,240 per annum.
A fantastic opportunity for investors looking for a substantial, income-producing property with two separate units, strong rental potential and the added benefit of parking.
Tenure - Leasehold: Term 120 Years with 100 years remaining.
The vendors are the freeholders and this will be passed on to the new purchaser.
HMO: The vendors are currently in the process of renewing the licence.
Services: Mains Gas & Electric
Mains Sewerage
Water: Billed
“Broadband – The current supplier is (Virgin Media). The broadband type is Fibre
“Mobile - There are no known issues with mobile coverage .
You are advised to refer to the Ofcom checker for information regarding mobile signal and broadband coverage.