Residential Investment - Four Bedroom Fully Licensed HMO

An opportunity to acquire a 4 bedroom fully occupied HMO bay fronted property, currently let at £1600 p/c/m, therefore currently producing an gross annual income of £19,200 per annum. No internal inspection has been carried out; however, we are informed that the property has been recently refurbished. We are also advised that the current managing agent would be happy to continue the management of the house. The house located close to the University Campus at Treforest whilst also offering good access to the A470 and M4. A good range of shops and amenities along with several schools are locally positioned.

Tenure

See Legal Pack

Accommodation (Not inspected but advised to comprise of the following)

Ground Floor

Hall, bedroom, communal lounge, kitchen, bathroom.

First Floor

Landing, three bedrooms, storeroom.

Outside

Forecourt and garden to rear.

Tenancies:

The property is currently let at £1600 per calendar month, therefore producing a gross annual income of £19,200 per annum.

Viewings

Through Auction House Wales on 02920 475184

Council Tax Band

C

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

Rhondda Cynon Taff County Borough Council

Solicitors

Ackland & Co Solicitors, 68 Llandaff Road, Ref: Ackland & Co Solicitors, Tel: +44 (0) 29 2064 1461

Additional Fees

Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.