Four storey HMO - potential income £26,780pa

Four storey house of multiple occupation - potential income £26,780pa An impressive four storey end town house currently divided into six self-contained units with a potential income of £26,780pa. The property has provided an excellent income over the previous years and would be a valuable asset to add to an existing portfolio. The property has a large rear garden with off-road parking.

Tenure

Freehold

Description

The property is split into six, one bedroom and studio apartments. The basement flat has recently been refurbished and is currently being offered to prospective new tenants.

Income

Flat 1 - £90pw - Ground floor flat (front) Flat 2 - £100pw - First floor flat Flat 3 - £100pw - Second floor flat - vacant Flat 4 - £75pw - Basement flat - vacant Flat 5 - £60pw - Rear garden flat Flat 6 - £90pw - Ground floor flat (rear) Flat 4 - £75pw Flat 5 - £60pw Flat 6 - £90pw

Tenancy

All apartments are let on Assured Shorthold Tenancy agreements and the full details will be available within the legal pack which is free to download via our website.

Viewing

Open days

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

The Borough Council of King's Lynn and West Norfolk. Tel: 01553 692722

Solicitors

Birketts, Kingfisher House , 1 Gilders Way, Norwich NR3 1UB, Ref: Ms Jane Mickleburgh, Tel: 01603 756517

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1,200 (£1,000+ VAT), payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.