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Property
Kings Road, Alton, Hampshire, GU34 1PZ
Auction
£1,200,000
Next Steps
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Our Summary
- * We are pleased to offer to auction this fantastic opportunity to acquire a fully licensed HMO property, currently awaiting new licence, in a highly sought after location in one of Alton’s finest roads
- Currently generating approximately £142,800 gross per annum (with the significant possibility for improvement)
- This could give the potential to increase the value significantly, subject to the necessary planning consents
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Description
A fully licensed HMO property is located in a highly sought after location in one of Alton's finest roads. The property is currently awaiting a new license and generates approximately £142,800 gross per annum. The garden is a potential development area, allowing for possible future expansion subject to necessary planning consents.