6 bedroom house

All Double Bedrooms + EPC Rating C + Two Kitchen Areas + Ł40,000 Annual Rental Income Potential + Six Bedroom HMO + Highly Convenient Location + Rear Garden + Large Victorian six bedroom HMO with high rental potential, looking for an investor with vision, searching for an exciting project. Proving popular with student groups in the past, due to large double bedrooms, high ceilings and multiple kitchens, in addition to the highly convenient location, the property now requires development, to bring it in-line with modern expectations. To demonstrate the earnings potential, within 1/4 mile radius there are 5x six bedroom properties, pre-let for the 24/25 academic year, for an average annual income of Ł39,170 each. Comprising of four storeys, including two kitchens, a bathroom, shower room, two WC’s, lounge/diner and six spacious double bedrooms. Situated at the top end of Bangor High Street, only a five minute walk from the train station and within close proximity to many local amenities such as supermarkets, cafes, bars, restaurants and independent retail stores. Shower Room – 1.27 x 0.89 (4’1″ x 2’11”) – Bathroom – 3.59 x 2.97 (11’9″ x 9’8″) – Bedroom 1 – 4.50 x 3.67 (14’9″ x 12’0″) – Bedroom 2 – 3.85 x 3.43 (12’7″ x 11’3″) – Bedroom 3 – 3.47 x 3.68 (11’4″ x 12’0″) – Bedroom 4 – 5.46 x 4.67 (17’10” x 15’3″) – Bedroom 5 – 4.17 x 3.44 (13’8″ x 11’3″) – Bedroom 6 – 5.42 x 3.70 (17’9″ x 12’1″) – Dining Room – 5.21 x 3.60 (17’1″ x 11’9″) – Kitchen 1 – 3.30 x 2.59 (10’9″ x 8’5″) – Kitchen 2 – 3.20 x 2.73 (10’5″ x 8’11”) – Wc – 1.93 x 1.74 (6’3″ x 5’8″) –

Details

Bedrooms
6

Purchase Price £
230000

ROI %
23.00

Cashflow(PCM) £
1279