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5 bed house
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Our Summary
- A superb investment opportunity to purchase this well-presented five-bedroom, fully licensed HMO with a history of long-term lets, as well as a good-sized ground-floor commercial premises with a long-term tenant
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Description
The property is a five-bedroom maisonette HMO located above a ground-floor commercial unit. The HMO is situated on the first and second floors and has a good-size lounge, kitchen, and two bedrooms on the first floor, with stairs leading to three additional bedrooms on the second floor. The commercial unit is accessed directly off the main road and has a large retail area, kitchen, and separate W.C., as well as a storeroom.
The shop unit is well-maintained and rented out to a long-term tenant for £10,800 per annum, generating a total annual income of £43,000+. The property has off-road parking for two vehicles, patio area at the rear, and is connected to all mains services. The property is a freehold, and the HMO and commercial unit are fully occupied.