An opportunity to purchase a pair of five bedroom semi detached houses for £900,000 or individually @ £450,000 each. They are licenced HMOs with a combined income of £4,250pcm and an annual income of £51,000 – Let on ASTs providing a yield of 5.6%pa.
A wonderful opportunity to acquire a pair of five bedroom semi-detached houses jointly @ £900,000 or individually @ £450,000 each. They are licensed HMO’s providing and excellent income of £51,000pa and a yield of 5.6%.
In brief the semi-detached homes are handed and have the same accommodation providing excellent symmetry and function;
In brief the accommodation comprises entrance hall with stairs rising to the first floor, living/dining/kitchen area with a range of fitted units and freestanding appliances, inner lobby, cloakroom with two piece suite, bedroom one (double with en-suite shower room £550pcm).
First floor landing with stairs rising to the second floor, bathroom with three piece suite, shower over the bath, bedroom two (double £500pcm), bedroom three (Single £400pcm).
Second floor landing, bedrooms four and five both of which are singles (£400pcm each) completes the accommodation.
Outside the properties have small frontage providing spaces for cycles, bins and potentially parking for one small car in front of each unit.
14 is let on individual AST’s and 14a is let to a company for £2,000pcm
Oyster Row is located off Stanley Road and is close to the popular riverside area and is within walking and or cycling distance of the Grafton Centre, historic City centre and both Midsummer and Stourbridge Commons.
There are a wide range of local facilities including a Tesco Superstore, gym and two out of town retail parks close-by, Wrestlers Public House with outstanding Thai Food, Corner House Public House, Takeaway establishments and Starbucks to name a few with the Grafton Centre which has a wide range of shops a multiplex cinema and restaurants just a short distance away along with Anglia Ruskin University.