This property is no longer on the market
6 bedroom apartment
Key information
Property description & features
Shop
The ground floor is let to a barber shop on a 10 year lease from 27th October 2020. There is a tenant only break clause at year 2 and a landlord break clause at year 5. The current rent is £9,000 per annum however increases to £10,000pa for the second year, £11,000pa for the third, fourth and fifth year and £12,000pa for the years following.
HMO
The HMO is arranged over 4 storeys with a shared living room and laundry facilities on the ground floor, with 6 bed/sitting rooms over with two full shower rooms.
The rooms are in the process of being let however when fully let will produce an income of £47,100 per annum. Please ask for an up to date rent schedule.
Each of the rooms have been refurbished to a high standard and come with a kitchen area, television and WIFI.
Total rent £56,100 per annum.
Guaranteed rent
There is an option to purchase the property subject to a 3 year lease of the whole building at a rent of £46,500 per annum. This offer will include payment of electric, water, council tax, broadband, management charges, interior repairs and void periods. The purchaser will be responsible for external repairs only, however the exterior has very recently been refurbished and decorated.
This is a fantastic opportunity for a 'turn key' investment with income from day one.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
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Energy Performance data and Internal floor area
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