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the Agents Network - Kemp House

* 7 BEDROOM HMO * Bedsits with own kitchenette | 4 Bathrooms | 16% Gross Yield The property is a terraced house consisting of a 7 bedsit HMO with 4 bathrooms, each bedsit has its own kitchenette. HMO license & Sui Generis planning in place. EPC rating C. Currently only part tenanted at £325 per room pcm.  Fully managed by a local agent and tenanting in process. Annual income fully tenanted £27,300, giving a healthy 16% gross yield. There is room to increase rents with a little refurbishment. On entering the property on the ground floor there are 2 bedsits and a bathroom with access to the rear courtyard.  On the first floor there are a further 2 bedsits and a further 2 bathrooms and finally on the second floor another 2 bedsits and another bathroom. Bedsit 1 – 19.1sqmBedsit 2 – 15.8sqmBedsit 3 – 13.1sqmBedsit 4 – 22.6sqmBedsit 5 – 15.8sqmBedsit 6 – 22sqmBedsit 7 – 15.8sqm Ideal investment property with a healthy yield. Get in touch for more information or to arrange a viewing. *Please verify these details through the conveyancing process*All distances or travel times are based on Google Maps* Please note a buyers fee of 1.5% + VAT

Property reference 271274. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by the Agents Network - Kemp House.

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 Broadband availability and predicted speed: obtained from Ofcom on December 24, 2021

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 Mobile phone signal availability and predicted strength: obtained from Ofcom on December 24, 2021

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 Clear: No bars, no signal predicted 
 Red: One bar, reliable signal unlikely 
 Amber: Two bars, may experience problems with connectivity 
 Green: Three bars, likely to have good coverage and receive a data rate to support basic web services 
 Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

 Energy Performance data and Internal floor area: obtained on May 17, 2017 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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Terraced house in Stockton-on-Tees for sale

7 bedroom terraced house for sale

The Oak Tree Academy

St Bede's Catholic Academy

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Harper & Co Estate Agents - Teesside

5 bedroom semi-detached house for sale

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Stockton

Thornaby

Eaglescliffe

* 7 BEDROOM HMO * Bedsits with own kitchenette | 4 Bathrooms | 16% Gross Yield... ctd...

7 bedroom terraced house for sale

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