This property has been removed by the agent. It may now have been sold or temporarily taken off the market.
Investment Opportunity
A freehold HMO investment opportunity comprising a substantial detached Victorian property with further additions split into 4 flats with 19 en-suite rooms and five studios. There is associated kitchen / communal space and off-road parking for 6/7 vehicles.
The property is fully compliant and is currently managed by a local managing agent who has competently managed. The property has averaged a 95% occupancy rate and fully let returns a gross income of around 145k PA giving a net yield of around 6.5% PA.
The property is prominently located giving easy access to local services and is adjacent to tram and bus stops.
An excellent opportunity, please enquire for further details.
Viewing strictly by appointment only via sole selling agent, Alexanders of Melton Mowbray (01664) 896332.
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