5 bedroom detached house

Five Bedroom Detached HMO + Two En-Suite Bedrooms + Town Centre Location + Spacious Rear Garden + Two Kitchen Areas + Potential Yearly Income Ł28,600 (14.6% Yield) + EPC Rating – D, Council Tax Band – A + A large HMO property located within the heart of Boston town. Being within close proximity to all amenities and the bus and train station, this property is ideally located and would make a fantastic investment. Internally the accommodation briefly comprises, Entrance hall, Two ground floor bedrooms one with an en-suite, Kitchen Diner, A Further Kitchen Area, Utility Room and Shower Room to the ground floor. To the first floor there are a further Three Double Bedrooms with one benefitting from an en-suite. Offering great potential for a HMO with a potential income of Ł28,600 (14.6% Yield) this property would make an ideal investment. Agents note:- The new owner will need to apply for a new HMO licence as these are NOT transferable. The current seller of this property is happy to apply for the licence on behalf of the buyer if the buyer is willing to pay for the Application fee. The fee for this is Ł1004.80. For more information please contact our office on . total licence fee is,before a licence is issued. The property is currently tenanted but will be available with vacant possession upon completion.

Details

Bedrooms
5

Purchase Price £
195000

ROI %
16.00

Cashflow(PCM) £
744