For Sale8 Bedroom House in The Avenue, Yeovil£340,000
Property Type
House
Bedrooms
× 8
Price
£340,000
Key Features
- Annual Income £38,000
- 8 Letting Rooms
- New Combi Boiler (May 24)
- HMO Licence
- Gross Yield 11%
- Potential To Add Value
- Ideal Town Location
- Council Tax: C
Resources
Description
Attention investors! Martin & Co are delighted to offer to market this large 8-bedroom HMO in an ideal location just minute's walk from Yeovil District Hospital. Also offered from the same Vendor is the neighbouring property which is a mirror-image.
With an 11% gross yield at asking price but with huge scope to improve this to 14% in short order, this house benefits from having 8 rooms each with wash basin, communal sitting room, two bathrooms and kitchen facilities.
Early viewing recommended!
HALLWAY Wooden front door leading into the main ground floor hallway with the original Victorian tiling.
Wooden door leading to side passageway which leads to the rear garden.
Doors leading to Rooms 1 and 2, the sitting/dining room and WC.
Stairs rising to the first floor ahead.
Radiator and fire alarm control panel.
SITTING ROOM / DINING ROOM 13' 1" x 10' 5" (4m x 3.2m) Communal space with double glazed window to the side.
Neutral carpet and decor.
Radiator.
KITCHEN 10' 5" x 9' 2" (3.2m x 2.8m) Good sized communal kitchen with double glazed window and door to the rear garden.
Laminate kitchen units and work surface with wood-effect vinyl flooring and white wall tiles.
Two 4-ring gas hobs, two sinks and one electric oven / extractor fan.
n.b. that each letting room has its own fridge and hand-wash basin.
WC Ground floor toilet.
Double glazed window to the side.
STAIRS AND LANDING Carpeted stairs rise to the first floor and then the second floor landings.
Emergency lighting is installed.
Cupboard on the first floor landing housing the gas combi boiler.
BEDROOM ONE 11' 5" x 12' 5" (3.5m x 3.8m) Double bedroom with double glazed bay window to the front.
BEDROOM TWO 14' 1" x 11' 5" (4.3m x 3.5m) Double bedroom with double glazed bay window to the rear.
BEDROOM THREE 10' 5" x 9' 2" (3.2m x 2.8m) Single bedroom with double glazed window to the rear.
BEDROOM FOUR 12' 5" x 10' 5" (3.8m x 3.2m) Double bedroom with double glazed window to the rear.
BEDROOM FIVE 13' 1" x 9' 2" (4m x 2.8m) Double bedroom with double glazed bay window to the front.
BEDROOM SIX 8' 10" x 8' 6" (2.7m x 2.6m) Single bedroom with double glazed window to the front.
BEDROOM SEVEN 8' 6" x 11' 9" (2.6m x 3.6m) Single bedroom with double glazed window to the front.
BEDROOM EIGHT 9' 2" x 12' 1" (2.8m x 3.7m) Double bedroom with double glazed window to the front.
BATHROOM First floor communal bathroom with WC and bath with shower above.
Double glazed window to the side.
SHOWER ROOM Second floor communal bathroom with WC and bath with shower above, and basin.
Extractor fan.
GARDEN The front of the property is paved with a small area for bin storage and a path leading to the front door.
Passageway to the side of the house leading to the rear garden.
At the rear of the house is a small garden with both patio and lawn areas.
Note.
Where rooms are described as 'double' this relates to the size of the room and not to the size of the current bed furnishing the room.
Each of the 8 letting rooms has a fitted handwash basin and under-counter size fridge, radiator, neutral decor and carpet.
Each room has a minimum of one single bed, wardrobe and chest of drawers as part of the fixtures and fittings.