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4 bedroom end of terrace house for sale
Alan Moss Road, Loughborough
£200,000
Alan Moss Road, Loughborough
£200,000
Our Summary
- ** OUTSTANDING INVESTMENT OPPORTUNITY - HMO LICENSE - 4X LET £20,760 GROSS INCOME (BILLS INCLUSIVE WITHIN THE RENT) ** 10
- 3% GROSS YIELD **** LET ON 4 X INDIVIDUAL ROLLING TENANCIES ** NO UPWARD CHAIN **A rare and outstanding investment opportunity to purchase this end town house, set in a popular area within walking distance to Loughborough Uni, shops and amenities
- The property would ideally require upgrading and modernisation, and offers excellent further potential
- Outside - The property is well set back from the road, with an area of garden which lends itself to creating a driveway, subject to necessary permissions and consents
- IDEAL INVESTMENT OPPORTUNITY
- POTENTIAL FOR DRIVEWAY (STP)
Description
This is an outstanding investment opportunity to purchase a 4-bedroom end town house in a popular area near Loughborough University, shops, and amenities. The property requires upgrading and modernization, but offers excellent potential. It is currently let on 4 individual rolling tenancies, generating a gross income of £20,760 per annum, with bills included in the rent. The property features a spacious hallway, small communal lounge, and four bedrooms, as well as a bathroom and generous rear garden. The area is well-connected, with a local bus route, picturesque walks, and a wide range of amenities within walking distance, including Loughborough town centre and the university campus. This property presents a rare and attractive investment opportunity, with a gross yield of 10.3%.