This agent has listed the accuracy as: Quite Near
A substantial 3 storey terrace house, converted into 3 self-contained flats and HMO registered.
Each of the flats provides spacious 1 or 2 bedroom accommodation and the building is fully let at present. The flats are always in high demand when they become available due to the close proximity to the City Centre and voids are minimal.
All flats are fully self-contained, with their own electric and gas supplies and front and rear access. This is an excellent opportunity to buy a trouble free letting, producing an excellent income from the offset.
Viewing is by appointment through our office.
Flat 1: Hall, Living room (31.m x 3.7m), open plan to Kitchen (3.4m x 2.1m), range of units, electric cooker, washing machine and fridge. Rear hallway leading to shower room, bedroom 1 (3.2m x 3m), bedroom 2 (3.5m x 2m). Access to common yard.
Flat 2: Hallway, living room (4.4m x 3.4m), kitchen (3.5m x 2.3m), range of high and low level units, electric cooker, washing machine and fridge. Rear hallway to shower-room and bedroom 1 (3.2m x 2m). Access to Fire Escape.
Flat 3: Hallway, living room/kitchen (4.4m x 3.4m), range of high and low level units, electric cooker, washing machine, fridge. Shower-room, bedroom (3.4m x 2.6m)
Forecourt to front, Enclosed common yard to rear.
Flat 1: £4,800 per annum.
Flat 2: £4,200 per annum.
Flat 3: £3,960 per annum.
Gross income: £12,960
Flat 1 - £358.92
Flat 2 - £244.72
Flat 3 - £163.15
Insurance - £185.27 Whole Building,
Electric landlord supply approx. £60 per year.
Fire extinguisher service £40 per annum
Electrical smoke alarm and emergency lighting check, £80 twice per year.
HMO registration Renewal fee £312.50 covers 5 years - valid till June 2019
Total cost per annum approx: £1,274
How much will it cost?
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