For Sale8 Bedroom Terraced House in Murray Road, Rugby, CV21 3JN£450,000
Property Type
Terraced House
Bedrooms
× 8
Bathrooms
× 3
Receptions
× 1
Tenure
Freehold
Price
£450,000
Key Features
- 8 Bedroom Licensed HMO in great location
- £58k per annum with yield of 13%.
- EPC Rating C New Boiler 2024
- Long Term tenants sold as on going concern.
- Fully furnished turn key investment
- Large Kitchen Diner
- Rooms across 4 Floors.
- Large Conservatory and storage sheds.
- Close to train station and Town Centre.
- Approximate Area = 2270 sq feet / 210 sq m
Resources
Description
A fully licensed HMO property spread over 4 floors which has been operating successfully since 2008 with a proven track record, having very little void periods due to its great location. Benefits include 5 double bedrooms, 1 Single and separate Kitchen / Diner, 1 single bedroom and a self contained Studio on the top floor. 3 bathrooms and a large kitchen / diner provide adequate facilities throughout the property with a small garden to the rear managed by the tenants, some of whom have enjoyed living at the property since 2008. An ideal investment opportunity in a desirable residential location, with long term tenants in situe who take care of the property. Property could be described as dated, but its ideal and functional for its current tenant market. There is a Potential to improve property value and rental income. * NO ONWARD CHAIN * Arrange to view 24/7 via the brochure below! Note: All property information is provided as a guide only. You should always check with your solicitor prior to the exchange of contracts.
