An exceptionally well-presented, fully licensed four-bedroom HMO located on the outskirts of Corby, offered with vacant possession

Previously let for £2,500 per calendar month, the property provides approximately 900 square feet of accommodation across three floors. The current owner has converted the garage into an additional room, complete with its own kitchen and ensuite shower room. On the first floor, there is a bedroom with a kitchen area, a combined breakfast/lounge space, and a WC. The top floor comprises three additional rooms and a bathroom. Externally, the property benefits from off-road parking at the front. The property has historically generated £30,000 per annum, yielding a 20% return.

Tenure

Leasehold. 125 year lease from 24/08/1992 with 93 years remaining.

GROUND FLOOR

Entrance hall, bedroom/kitchen/lounge and shower room.

FIRST FLOOR

Landing, bedroom, kitchen, breakfast/lounge area and WC.

SECOND FLOOR

Landing, room three, room four, room five and bathroom.

OUTSIDE

Off road parking for vehicles to the front.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Northamptonshire County Council

Additional Fees

Buyer's Premium - The purchaser will be required to pay a buyers premium charge of £1,800 (£1,500 plus VAT).

Administration Charge - The purchaser will be required to pay an administration charge of £900 (£750 plus VAT).

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