Part tenanted investment opportunity. 3 Storey mid terrace consisting of 5 x bedsits and 1 x studio flat, with communal kitchen and bathrooms. Requiring some redecoration. Current HMO licence until April 2026 (not transferable) rent payable £22,800 p.a. with potential to increase once fully let.

ACCOMMODATION

GROUND FLOOR Room 1: Lounge/Bedoom:14 ft 7 in x 8 ft 9 in Kitchen: 10 ft 11 in x 9 ft 11 in Sperate shower room: Communal kitchen: 12 ft 7 x 10 ft 10 in Room 2: Not inspected. FIRST FLOOR Room 3: Bedsit: 11 ft 8 in x 9 ft 11 in Communal bathroom: Room 4: 12 ft 6 in x 10 ft 10 in Room 5: 15 ft 8 in x 15 ft 2 in max SECOND FLOOR Room 6: Lounge/bedroom/Kitchen: 13 ft 9 in x 12 ft 7 in Store:

OUTSIDE

Front: Garden. Rear: Communal garden. On Street parking.

SERVICES AND HEATING

Mains gas, electricity, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.) Gas central heating.

EPC RATING - E

COUNCIL TAX BAND - D

TENURE

Freehold subject to tenancies.

TENANCIES

Assured Shorthold Tenancy Room 1 Term: 12 months from 01/01/2024 rent payable: £350 p.c.m. Room 2 Vacant Room 3 Term: 12 months from 01/02/2024 Rent payable: £350 p.c.m. Room 4 Term: 12 months from 15/04/2024 Rent payable: £450 p.c.m. Room 5 Term: 12 months from 01/01/2024 Rent payable: £400 p.c.m. Room 6 Term: 12 months from 19/05/2022 Rent payable: £350 p.c.m.

ADDITIONAL COSTS

Administration Fee: £1,400 (£1,200 plus VAT) Buyer's Premium: £1,440 (£1,200 plus VAT) Please see the legal pack for any further costs.

Additional Fees

Administration Charge - these fees are included in the above sales particulars.

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