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" Martin&Co. are delighted to bring to the market this fantastic four bedroom professional House In Multiple Occupancy (HMO) ideal for any professional property investor looking for a high return on investment. For sale with tenants in situ this property would be a great additional to any property investment portfolio. A cash purchase would result in an annual profit of over £12,000.

DETAILS High yielding House of Multiple Occupation (HMO) offering a great return on investment for any experienced property investor. Having been recently converted and refurbished throughout this top spec HMO offers a great opportunity.

The property consists of the following;

Kitchen: Recently refurbished a modern kitchen fitted with integrated gas hob, electric oven, extractor fan, washer, fridge freezer, microwave, coffee machine, microwave, kettle, toaster and all utensils. The kitchen has been recently redecorated and is fitted out with kitchen units, tiled floors and automatic motion sensor LED lighting.

Living Area: The living area includes a three and two piece sofa, coffee table, feature electric fire place, wall mounted flat screen TV, recently fitted high quality laminate flooring, decorated throughout and with LED lighting. The room comes fitted with a 30 minute fire rated door with intumescent strip.

Hallway: The hallway has been fitted with high quality laminate flooring and fitted with automatic motion sensor LED lighting.

Bedroom One: The bedroom has been refurbished throughout to include high quality carpet, decorated to include a feature wall, black out curtains, bedroom furniture (Double faux leather bed with memory foam mattress with storage underneath, chest of drawers, bedside table, wardrobe with mirror) TV point and wall mounted flat screen TV.

Bedroom Two: The bedroom has been refurbished throughout to include high quality carpet, decorated to include a feature wall, black out curtains, bedroom furniture (Double faux leather bed with memory foam mattress with storage underneath, chest of drawers, bedside table, wardrobe with mirror) TV point and wall mounted flat screen TV. The room comes fitted out a with a new en suite shower room to include electric shower, WHB, WC and heated towel rail. The bedroom door is painted grey and fitted with a combination key lock and room number. The room comes with a bottom opening fire escape window.

Bedroom Three: The bedroom has been refurbished throughout to include high quality carpet, decorated to include a feature wall, black out curtains, bedroom furniture (Double faux leather bed with memory foam mattress with storage underneath, chest of drawers, bedside table, wardrobe with mirror and blanket chest) TV point and wall mounted flat screen TV. The room comes with a bottom opening fire escape window.

Bedroom Four: The bedroom has been refurbished throughout to include high quality carpet, decorated along with black out curtains, bedroom furniture (single faux leather bed with memory foam mattress with storage underneath, bedside table and built in wardrobe) TV point and wall mounted flat screen TV.  

Shower Room: This shower room located on the first floor has been recently fitted out to include, corner shower cubicle with mains powered shower, WC, WHB, heated towel rail, mirror, extractor fan and corner cabinet unit. This shower room services three of the four bedrooms. 

Outside: To the rear of the property the garden has been landscaped to create a low maintenance area which is fully gravelled. There is a decking area that has been refurbished to include an enclosed canopy/shelter area for those who smoke and for the summer months for BBQ's. There is a log burner and table and chairs. To the end of the garden is a shed which also comes included. 

Figures: Income:

Rent: £1360pcm
Approximate monthly utilities: £300pcm

(Gas, Electric, Council Tax, WiFi, TV Licence, Water, Communal Cleaner)

A cash purchase would result in a net monthly profit of over £1000 or £12,000 per annum.

A purchase with a mortgage would result in a rough return on investment of 16-18% depending on mortgage terms. 

EXTRAS The property has been fitted with a new combination boiler which has been fitted with a Salus IT500 thermostat which enables you to control the temperature of the property from a smart phone to take control and manage gas usage. There are also hard wired interlinked smoke alarms along with a heat detector and fire blanket in the kitchen for extra fire protection. The property has double glazing throughout.

Early viewings recommended to avoid missing out on this great opportunity!   "