>
Kings Road, Alton, Hampshire, GU34 16 bed detached house for sale
Kings Road, Alton, Hampshire, GU34
£1,200,000
Kings Road, Alton, Hampshire, GU34
£1,200,000
Our Summary
- AUCTION GUIDE PRICE - £1,200,000A fantastic opportunity to acquire a fully licensed HMO property in a highly sought after location in one of Alton’s finest roads
- Currently generating approximately £135,000 gross per annum (with the significant possibility for improvement) Facilities include:16 bedrooms15 bathroomsEPC Rating - 'B'Valid HMO Licence Total Approx Annual Gross Income: £135,000Total Approx Annual Running Costs: £17,000Air source heat pumpLarge gardens and heated swimming poolCommunal living room with wood burner, 2 kitchens, sun terrace, conservatory, entrance hall
- Auction date - 7th July 2025
Description
This auction property is a fantastic opportunity to acquire a fully licensed HMO property in a highly sought-after location in Alton. The property boasts 16 bedrooms, 15 bathrooms, and an EPC rating of 'B'. It currently generates approximately £135,000 gross per annum, with significant potential for improvement. The property features a range of facilities, including an air source heat pump, large gardens, a heated swimming pool, and communal living areas including a wood-burning stove, two kitchens, sun terrace, conservatory, and entrance hall. With a total annual running cost of £17,000, this property offers a strong yield and excellent potential for further growth.