INVESTORS ONLY – Situated within the desirable Horseguards development, just a short walk to both the University and the City Centre, is this 5 bedroom town house. An ideal investment opportunity offering a HMO rental yield of 6.9%. Offered for sale with no onward chain and fully let to students until July 2020.
- Terraced town house
- 5 bedrooms
- Popular city centre location
- Fully let to students until July 2020
- 3 bathrooms and cloakroom/WC
- Enclosed rear garden
- Integral garage and driveway
- Investment opportunity
- HMO rental yield of 6.6%
ACCOMODATION COMPRISING Front door to:
ENTRANCE HALL Coat hooks. Radiator. Stairs to first floor. Understairs cupboard. Doors to:
INTEGRAL GARAGE / UTILITY ROOM 13′ 4″ x 8′ 2″ (4.07m x 2.49m) Space and plumbing for washing machine, tumble drier and fridge freezer.
CLOAKROOM WC Low level WC and pedestal wash hand basin. Tiled splashback. Radiator.
KITCHEN / DINING ROOM 14′ 8″ x 8′ 0″ (4.48m x 2.46m) Comprising a range of base and eye level units, with built-in oven and 4 ring gas hob with extractor hood over. Inset 1 1/2 bowl stainless steel sink and drainer with mixer tap. Tiled splashback. Window to rear aspect. Wall mounted boiler and airing cupboard. Space and plumbing for dishwasher and freezer. Space for dining table and chairs. Radiator. Door to garden.
FIRST FLOOR LANDING Walk-in cupboard. Radiator. Stairs to second floor. Doors to:
LIVING ROOM 16′ 8″ x 11′ 4″ (5.09m x 3.47m) Two windows to front aspect. Electric fire with surround and mantel over. Two radiators.
BEDROOM 4 8′ 11″ x 8′ 11″ (2.73m x 2.73m) Window to rear aspect. Radiator.
SHOWER ROOM Obscure window to rear aspect. Suite comprising shower cubicle with tiled surround. Low level WC and pedestal wash hand basin. Tiled splashback. Wall mounted mirror. Radiator.
BEDROOM 5 9′ 6″ x 6′ 8″ (2.90m x 2.04m) Window to rear aspect. Radiator.
SECOND FLOOR LANDING Window to rear aspect. Doors to:
BEDROOM 3 9′ 6″ x 7′ 2″ (2.90m x 2.20m) Window to rear aspect. Radiator.
BEDROOM 2 14′ 8″ x 8′ 11″ (4.48m MAX x 2.73m) A good double. Two windows to rear aspect. Radiator.
BATHROOM Suite comprising panelled bath with shower over and glass screen. Tiled surround. Low level WC and pedestal wash hand basin inset vanity unit with cupboard below. Tiled splashback. Radiator.
BEDROOM 1 14′ 8″ x 9′ 6″ (4.48m x 2.92m) Another good double. Two windows to front aspect. Radiator. Door to:
ENSUITE SHOWER ROOM Suite comprising shower cubicle with tiled surround. Low level WC and pedestal wash hand basin inset vanity unit with cupboard below. Wall mounted mirror. Tiled splashback. Radiator.
OUTSIDE The rear garden is enclosed by brick wall and offers gated pedestrian access to the side. A low maintenance garden laid to paving with shrub border.
To the front of the property a driveway provides parking and access to the remaining garage space, suitable for bicycles, with up and over door.
AGENTS NOTE We are advised that the property is Leasehold, the original lease was 999 years from 1 August 2000, with 981 years remaining. The current annual ground rent is £80 and the maintenance/service charges are £25 per month.
COUNCIL TAX Band E – £2143.20 per annum.
LETTINGS NOTE Clear Lettings currently manage this property with an income of £2,618.18 per month providing you with an estimated gross yield of 6.9%. For further information on Management and Tenant Find, please contact Clear lettings on 01392 425555 as they will be happy to assist with your enquiry.