Property Description

A potential high yielding residential investment opportunity, to acquire an attractive character town house, arranged over three floors, converted into a four bedroomed HMO style property, situated in the city centre, currently offered for sale with immediate vacant possession. In our opinion if the necessary improvements are made to the property, we would estimate a combined gross rental income of circa £25,000 per annum, this would represent an impressive 18.5% return on the guide price. Internally the uPVC double glazed and gas central heated living accommodation consists of, entrance hall with staircase, self contained flat with open plan living kitchen, bedroom with en-suite shower room. There is a further passage with door to cellar and access to a communal fitted with built-in-appliances. To the first floor landing there is a small fitted kitchen, shower room, rear double bedroom, lobby and a double bedroom bedroom to the front with en-suite shower. To the attic room there is self contained flat with open plan living kitchen, bathroom and separate room/occasional guest bedroom. Please note we have not seen evidence of the loft conversion approval. Outside to the front the property is set nicely back from the road behind an attractive stone built built with wrought iron railings. To the rear there is an enclosed manageable sized garden. The property is located along a parade of appealing town houses, situated within literally yards of the city centre, currently undergoing a scheme of regeneration. Excellent BTL residential investment opportunity. Additional Information Parking Arrangements: On street Water: Mains Electric: Mains Sewerage: Mains Heating: Mains gas Building construction: Solid brick Flood Risk: Very low Broadband: Standard, Superfast and Ultrafast available Mobile Signal: O2, EE, Three and Vodafone available Satellite and Cable TV Availability: BT, Sky and Virgin

Entrance hall

16ft 8 x 3ft 2

Open plan living kitchen

13ft 3 x 11ft 5 into chimney recess

Bedroom

9ft 1 max x 8ft 1 max

En-suite shower room

4ft 9 x 4ft 6

Communal kitchen

9ft 9 x 7ft 7

Communal kitchenette

7ft 7 x 5ft 6

Shower room

7ft 6 x 5ft 9

Rear Bedroom

13ft 3 x 9ft into chimney recess

Inner lobby

5ft 7 x 5ft 5

Front bedroom

15ft 1 into chimney recess x 13ft 4

En-suite shower room

7ft 7 x 3ft 5

Open plan living kitchen

15ft 9 x 10ft 8

Bathroom

No measurements

Bedroom

13ft 3 x 9ft 5 restricted height

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure

Freehold

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