London Road, Spalding PE11 7 bed house for sale

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London Road, Spalding PE11 7 bed house for sale

London Road, Spalding PE11
£191,000

Our Summary

  • *FOR SALE BY AUCTION*Being sold as a functioning HMO in a central location of the attractive market town of Spalding
  • *FOR SALE BY AUCTION*12 Welland Place, London Road is being sold as a functioning Licenced HMO in a central location in the attractive market town of Spalding and is set overlooking the picturesque River Welland
  • Functioning HMO* BEING SOLD BY AUCTION*

Description

This Grade II listed Georgian town house in Spalding is being sold as a functioning HMO, offering a fantastic opportunity to move into the HMO category. The property is set over four floors, allowing for seven letting rooms, including a communal kitchen diner and two bathrooms. The property is fully occupied, generating £750 per week in rental income. Located in a central location, the property overlooks the picturesque River Welland and is within walking distance to the town's vibrant centre, which features shops, public houses, and a market place steeped in history. The area also enjoys easy access to Boston and Peterborough, as well as numerous villages and local facilities. The property is being sold freehold, with a basement and a paved courtyard garden to the rear. Viewings are highly recommended to appreciate the potential of this unique investment opportunity.