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16 bedroom detached house for sale
Kings Road, Alton, Hampshire, GU34
£1,375,000
Kings Road, Alton, Hampshire, GU34
£1,375,000
Our Summary
- AUCTION GUIDE PRICE - £1,375,000A 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
Description
This auction listing offers a rare opportunity to purchase a fully licensed HMO property in a desirable location in Alton. The property boasts 16 bedrooms and 15 bathrooms, generating a gross annual income of approximately £135,000. With an EPC rating of 'B', the property features an air source heat pump, large gardens, and a heated swimming pool. The interior includes a communal living room with a wood burner, two kitchens, a sun terrace, conservatory, and entrance hall. With a significant potential for improvement, this property presents a lucrative investment opportunity.