9 bedroom House – Detached for sale in Newdigate Street < Back to search results

Asking Price £675,000
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ATTENTION INVESTORS HMO OPPORTUNITY
A unique opportunity to acquire this 9 bedroom DETACHED, FREEHOLD, FULLY LICENSED HMO INVESTMENT PROPERTY. Currently pre let until September 2022 generating an annual income of £49,140 pa offering a 7.28% yield pa. Call today for further details to avoid missing out.

Rare Investment Opportunity

A unique opportunity to acquire this 9 bedroom, detached, freehold, fully licensed HMO investment property which is fully tenanted until September 2022.

This vast 9 bedroom house is currently fully tenanted until September 2022.
Each room is let on a bills included basis and generates a gross income of £49,140 per annum (£4095 per month).

The accommodation is spread over three floors and briefly comprises of nine bedrooms which have all been tastefully decorated throughout.
There are three shower rooms split between the ground and first floor which all come complete with a white suite comprising of a walk-in shower cubical, low level WC and pedestal wash hand basin.
In addition, there is one bathroom on the first floor which benefits from a bath with shower over, low level WC and pedestal wash hand basin with chrome fittings.

On the ground floor is a large kitchen which comes complete with a range of wall and base cupboard units, sink with mixer tap and draining board. In built appliances include two electric ovens, two four burner gas hobs with extractor hoods over. In addition, there is space for a freestanding fridge/freezer.

Leading through from the kitchen is the dining area which benefits from additional work top space with an inset sink with mixer tap and draining board, plumbing for a washing machine, dryer and space for a freestanding fridge/freezer.

Additionally, there is a separate living area which has been tastefully decorated throughout and benefits from a double glazed window allowing lots of natural light.

To the rear of the property there is an enclosed courtyard garden with a covered decked seating area.

The property is fully furnished throughout and is also wired for fibre broadband and wifi.

The property benefits from double glazing and gas central heating throughout with a new boiler recently installed last year. There has also been a vent axia PIV system installed.

The property is located approximately 10 minutes walk from Nottingham Trent University and close to local bars, shops and restaurants.

On street parking is available for residents.

Disclaimer

Fixtures and fittings other than those mentioned are to be agreed with the Seller.
All measurements are approximate and are taken using a laser tape.
Statements contained within this brochure are provided in good faith and are understood to be accurate, although cannot be guaranteed since we rely on information provided by other parties. Prospective purchasers are advised to satisfy themselves as to the validity of the information contained, either by inspection or through their solicitors, prior to any exchange of contracts to purchase. Services have not been tested and it is recommended that purchasers undertake independent tests on all services and mechanical installations, prior to exchange. Details correct at time of going to print.

Money Laundering
In line with The Money Laundering, Terrorist Financing and Transfer of Funds (information on the Payer) Regulations 2017, as a regulated profession, Liberty Gate require any successful purchasers proceeding with a purchase to provide two forms of identification i.e. Passport or photo card driving license and a recent utility bill. This evidence will be required prior to Liberty Gate instructing solicitors in the purchase or the sale of a property. We are duty bound to carry out due diligence on all of our clients to confirm their identity. Rather than traditional methods in which you would have to produce multiple utility bills and a photographic ID we use an electronic verification system. This system allows us to verify you from basic details using electronic data, however it is not a credit check of any kind so will have no effect on you or your credit history. As a seller or purchaser, by proceeding with a sale or purchase, you understand that we will undertake a search with Experian for the purposes of verifying your identity. To do so Experian may check the details you supply against any particulars on any database (public or otherwise) to which they have access. They may also use your details in the future to assist other companies for verification purposes. A record of the search will be retained.

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