Broomhill Road, Hucknall
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
24
- BATHROOMS
24
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Freehold HMO investment in prominent convenient spot
- Close tram and bus service
- Within walking distance of town centre
- Fully licensed and compliant closely managed
- 4 flats – 19 en suite and 5 studios
- c.95% Occupancy for last 12 months
- c 6.5% net return
- EPC rating D
- Nearly £145k gross income PA fully let
- Scope to further develop / improve
Description
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 .
General Description - 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.
Viewings - Viewing strictly by appointment only via sole selling agent, Alexanders of Melton Mowbray .
Measurements - Every care has been taken to reflect the true dimensions of this property but they should be treated as approximate and for general guidance only.
Tenure - Freehold.
Money Laundering - Where an offer is successfully put forward, we are obliged by law to ask the prospective purchaser for confirmation of their identity. This will include production of their passport or driving licence and recent utility bill to prove residence. Prospective purchasers will also be required to have an AML search conducted at their cost. This evidence and search will be required prior to solicitors being instructed.
Brochures
Broomhill Road, HucknallBrochureCouncil TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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Broomhill Road, Hucknall
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hucknall Station0.7 miles
- Moor Bridge Tram Stop1.1 miles
- Bulwell Forest Tram Stop1.6 miles
About the agent
Alexanders, East Midlands
21 Market Place, Melton Mowbray, LE13 1XD
Alexanders are fully engaged in property. We are dedicated to presentation and service, and are ready to craft a bespoke marketing strategy tailored to each individual property.
As a local, independent estate agent, we make a commitment to establishing long-term client relationships. We offer a personal service, delivered by an enthusiastic and professional team, from our offices in Ashby-de-la-Zouch, Loughborough, Market Bosworth and Melton Mowbray.
With a combined 125 years of e
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 33084955. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Alexanders, East Midlands. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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