5 bedroom house for sale

Overview

***GUIDE PRICE £155,000 - £165,000***Investment property! Development opportunity!HMO licence. Currently five lettable rooms (all let on separate agreements to five individuals). Currently renting for £1,940pcm/£23,280 per annum. Tenancy agreements will change for 2024 and the property will then let for £1,230pcm/£14,760 per annum. Current tenancy agreements - Room 1 Vacent- £450Room 2 until 05/11/2023 - £350Room 3 until 19/10/2024 £450 Room 4 until 20/01/2024 £350 (will need an adjustment in size due to sloped ceiling to re-let after this due to current regulations - we suggest a dorma window could be a potential solution)Room 5 until 25/10/2023 £360 (will need an adjustment in size due to sloped ceiling to re-let after this due to current regulations - we suggest a dorma window could be a potential solution)The property comprises spacious entrance hall, open plan lounge to kitchen with the kitchen boasting integrated gas hob, fan oven and extractor, bathroom with a fitted bath and overhead shower.