Description
An ideal opportunity to acquire a house in multiple occupation (HMO). The property has been divided into six units, three of which have en-suite facilities.
The other three share a bathroom and shower room. There is a communal kitchen and dining area.
The current rental income is as follows:
Room one £595 per calendar month
Room two £495 per calendar month
Room three £550 per calendar month
Room four £550 per calendar month
Room five £595 per calendar month
Room six £595 per calendar month
Total £3380 per month which equates to £40,560 per annum which equates to a yield of 10.5% based upon the asking price.
Tenure
Freehold, subject to the existing tenancies.
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