Waterloo Road, WELLINGTON | £335,000 | Offer Accepted

Key Features

  • Fully licensed HMO investment opportunity
  • Current Income of £33,328 (9.95% Gross Yield)
  • Fully Tenanted, Strong Rental Demand
  • Five Bath/Shower Rooms
  • Driveway, Garage & Generous Rear Garden
  • Convenient Central Location
  • Good Transport Links
  • No Onward Chain

Description

Newton King are delighted to offer the market with no onward chain this well presented six bedroom semi-detached house currently setup as a fully licensed HMO. The property is currently fully tenanted and provides an annual income of £33328 per year in current rental income (9.95% gross yield).

The property consists of: Two one bedroom flats, one studio apartment, three double rooms with living space and kitchen area, five bath/shower rooms, driveway, garage and a generous rear garden.

Room 1- Double room with kitchenette, private shower room and WC separate from the room on the ground floor.

Room 2 (One Bedroom Flat)- Double bedroom, kitchen, living area, walk in shower & WC, rear garden and private garage.

Room 3 (Studio Apartment)- Double room, kitchenette, walk in shower & WC.

Room 4- Double Room, kitchenette, access to communal bathroom

Room 5- Double Room, kitchenette, access to communal bathroom

Room 6 (One Bedroom Flat)- Double bedroom, living area, kitchen, separate shower & WC.

The HMO if fully certified and has the below certificates:

HMO license (5 Yearly) - Renewed 27th October 2021

Electrical safety (Yearly) - Renewed 8th October 2021

Annual fire inspection (Yearly) - Renewed 20th September 2021

Annual gas Inspection (Yearly) - Renewed 21st September 2021

*Please note photos were taken before the commencement of tenancies.

Please contact Newton King between the hours of 9am-6pm to arrange a fully accompanied viewing

Property Location

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