4 bedroom terraced house

Business Opportunity + Good standard fixtures + Good condition + Generating Ł18,000 profit per year when fully occupied + Total rent roll Ł24,500 annually (pro rata) + Central location a short walk to train station + Business Opportunity. Netting Ł1,500 (p.c.m) after expenses (according to the owner’s records) when fully occupied with each of the four bedrooms rented out this unit is generating a consistent monthly profit. The owner is selling to raise funds for another venture. Briefly comprising four bedrooms, one of which is downstairs. Lounge/common area. Modern kitchen having been fitted in the last two years. There are two shower rooms each with a toilet. The property was ran as an HMO for several years and has been greatly improved since the current owner bought it roughly two years ago. The decorative standard is good and the fixtures are good quality and have been cared for. The asking price has been set to reflect the amount of work and money that has been invested to create a comfortable home for four individuals to share facilities.

Details

Bedrooms
4

Purchase Price £
120000

ROI %
28.00

Cashflow(PCM) £
820