4 bedroom house of multiple occupation for sale
Key information
Property description & features
- Tenure: Freehold
- A Four Bedroom End of Terraced Multi Let Opportunity
- Refurbished to a High Standard
- Tenants In Situ
- Close to Rugby Town Centre and Railway Station
- Gas Fired Central Heating to Radiators
- Upvc Double Glazing
- Net Yield of 8.2%
- Early Viewing is Highly Recommended and No Onward Chain
Brown & Cockerill Estate Agents are delighted to offer for sale this four bedroom end of terraced multi let investment opportunity situated on a corner position within a popular residential location on the outskirts of Rugby town centre. The property is of standard brick built construction with a tiled roof and all mains services are connected.
There are a range of local amenities to include a parade of local shops and stores, hot-food takeaways, public houses, schooling for all ages and a recreational park. A more comprehensive range of facilities are available in nearby Rugby town centre and the popular Junction One and Elliott's Field retail parks are only a short drive away.
The property is ideally located and within walking distance of Rugby railway station which operates a mainline intercity service to Birmingham New Street and London Euston within an hour. There is easy commuter access to the M1, M6, A5 and A14 Midland road and motorway networks.
In brief, the accommodation comprises of a communal entrance hall and communal kitchen/dining room with flat numbers one and two each comprising of a double bedroom and an en-suite shower room.
To the first floor, flat number three comprises of a double bedroom and en-suite shower room and flat number four comprises of a double bedroom with kitchenette and en-suite shower room.
The property benefits from gas fired central heating to radiators and double glazing.
Externally, there is a communal low maintenance courtyard area to the rear.
Early viewing is highly recommended and the property is being offered for sale with no onward chain.
Gross Internal Area: approx. 99 m² (1065 ft²).
Current Rental Income:
Flat 1 - currently let at £675 pcm
Flat 2 - currently let at £675 pcm
Flat 3 - currently let at £675 pcm
Flat 4 - currently let at £725 pcm
All utility Bills are included.
Potential Gross Monthly Income: £2750
Potential Gross Annual Income - £33,000
Potential Net Monthly Rental Income £2199.38
Rooms
Kitchen/Dining Room
13' 7" x 11' 4" (4.14m x 3.45m)
Flat 1
14' 3" x 8' 7" (4.34m x 2.62m)
En-Suite Shower Room 1
8' 6" x 3' 1" (2.59m x 0.94m)
Flat 2
14' 2" maximum x 10' 3" maximum (4.32m maximum x 3.12m maximum)
En-Suite Shower Room 2
6' 4" x 3' 2" (1.93m x 0.97m)
Flat 3
14' 3" maximum x 13' 3" maximum (4.34m maximum x 4.04m maximum)
En-Suite Shower Room 3
7' 6" x 3' 2" (2.29m x 0.97m)
Flat 4
Bedroom Area - 14' 6" x 13' 7" (4.42m x 4.14m) <br />Kitchen Area - 10' 5" x 5' 2" (3.17m x 1.57m)<br />
En-Suite Shower Room 4
7' 6" x 3' 2" (2.29m x 0.97m)
Property information from this agent
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Broadband availability and predicted speed: obtained from Ofcom on March 17, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
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Mobile phone signal availability and predicted strength: obtained from Ofcom on March 17, 2022
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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
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Energy Performance data and Internal floor area: obtained on February 27, 2023 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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