3 bedroom end of terrace house for sale

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3 bedroom end of terrace house for sale

Oxford Street, Long Eaton
£145,000

Our Summary

  • FOR SALE BY AUCTION 30TH JANUARY 2024WELL PRESENTED AND SPACIOUS, FREEHOLD END-TERRACED PROPERTY THAT HAS BEEN CONVERTED INTO THREE SEPARATE, SELF CONTAINED FLATS WITH THE GROUND FLOOR PROPERTIES HAVING ACCESS TO THE GARDEN
  • This is a fantastic investment opportunity with the flats currently generating £15,000 per annum with rents that could be increased

Description

This freehold end-terraced property has been converted into three self-contained flats, each with its own unique features. The ground floor flat has access to a garden space and off-street parking, while the first and second floor flats are a one-bedroom and a studio respectively. The property has electric heating throughout and is currently generating £15,000 per annum in rent, with potential for increases. With tenants in situ, this is a fantastic investment opportunity that is being sold with no onward chain. The property is classified as a House in Multiple Occupation (HMO) and requires periodic inspections by Erewash Borough Council, but does not need a license. The property is well-presented and spacious, making it an attractive option for investors or anyone looking for a unique living arrangement.
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