4 bed flat for sale Sold/Delisted

About this property

This part converted property offers a unique investment opportunity as a licensed House of Multiple Occupation (HMO). Situated over four floors, the property provides ample opportunity for reconfiguration or further development, subject to the usual consents. With a generous 960-year lease, it ensures stability for years to come. The total annual gross rent is £47,700, with individual flats generating monthly rents of £900, £1,100, £1,150, and £800. Ground rent is £30 per annum, and there is a contribution of £435.78 towards annual buildings insurance. Multiple supermarkets, gyms, parks, shopping centres, and schools are located within 1.0 mile. The property is conveniently located 0.75 miles from the nearest train station and 0.50 miles from the nearest bus station.