6 bedroom semi-detached house for saleWordsworth Road, Loughborough
***AN OUTSTANDING INVESTMENT OPPORTUNITY*** Producing a gross income of £20,332 for the year 15th July 2016 to 14th July 2017 from six lettable rooms, the property comprises a substantial ex council semi detached house of brick and tiled construction which was significantly improved in 2013 and occupies a well established setting within close proximity to Loughborough University.
The property is currently let to six friends of the owners daughter and includes six furnished bedrooms, fitted breakfast kitchen with range of appliances, two shower rooms, gas fired central heating, double glazing to the majority of windows and fully enclosed parking area to the rear with further aluminium storage shed. Projected expenses for the year are £2,817.32 (water, gas, electricity and insurance) providing a net annual income of £17,514.17 and representing a yield of 7.89%.
Location - The property occupies an already established setting within this conveniently placed residential area having easy access to all town centre amenities and close to Loughborough University.
The Epinal Way inner ring road provides access to all surrounding areas and there are further road links to Loughborough train station, the M1 Motorway at Junction 23 and East Midlands Airport at Castle Donington.
Viewings & Directions - By arrangement through the Selling Agents, Andrew Granger & Co telephone 01509 235534.
Leave Loughborough town centre via the A6 Derby Road and turn left at the set of traffic lights into Alan Moss Road. Continue over the roundabout at its junction with Epinal Way and take the second right hand turning into Tennyson Road. Turn left into Wordsworth Road where the property is then situated on the right hand side and clearly identified by a red garden gate.
Ground Floor -
Entrance Hall - Having tiled floor, meter cupboard, understairs storage area with three freezers, radiator.
Small Sitting Room - 2.74m x 2.06m (9'0 x 6'9) - Double glazed window to the side elevation, radiator.
Bedroom - 3.73m x 2.82m (12'3 x 9'3) - Built in store/wardrobe, double bed, desk, chair, set of drawers, double glazed window to the front elevation, radiator.
Breakfast Kitchen - 3.58m x 3.12m (11'9 x 10'3) - Inset single drainer sink unit, medium oak fronted wall and floor cupboards incorporating drawer compartments with roll top work surfaces and tiled surrounds, pull out breakfast bar, stainless steel integrated oven, four ring electric hob unit, stainless steel extractor hood over, integrated dish washer, two fridges, pair of double glazed patio doors to the low maintenance rear garden/car parking area, tiled floor, radiator.
Bedroom - 3.73m x 2.13m (12'3 x 7'0) - Loose standing wardrobe, set of drawers, 3 ft bed, desk, chair, double glazed window to the rear elevation, radiator.
Rear Porch - Double glazed door to the side elevation and utility cupboard housing washing machine and tumble dryer.
Shower Room - Three piece suite comprising tiled shower cubicle with Mira shower unit, wash hand basin and low level W.C.
First Floor -
Landing - Built in airing cupboard housing the hot water cylinder, access trap to the roof space, window to the front elevation, radiator.
Bedroom - 3.73m x 3.12m (12'3 x 10'3) - Built in store/wardrobe, double bed, set of drawers, desk, chair, double glazed window to the rear elevation, radiator.
Bedroom - 3.12m x 3.05m (10'3 x 10'0) - Loose standing wardrobe, double bed, set of drawers, desk, chair, double glazed window to the rear elevation, radiator.
Bedroom - 3.05m x 2.06m (10'0 x 6'9) - Loose standing wardrobe, 3 ft bed, set of drawers, desk, chair, double glazed window to the front elevation, radiator.
Bedroom - 2.90m x 2.06m (9'6 x 6'9) - Built in store/wardrobe, double bed, set of drawers, desk, chair, double glazed window to the front elevation, radiator.
Shower Room - Three piece suite in white comprising tiled shower cubicle, wash hand basin and low level W.C, tiled floor, window to the rear elevation, radiator.
Separate W.C. - Two piece suite in white comprising low level W.C. and bracket wash hand basin, tiled floor.
Outside - Forecourt garden behind mature privet hedge.
Side access leads to the fully enclosed and low maintenance rear garden behind close boarded fencing which includes paved patio and extensive gravelled area providing off street car parking for a number of vehicles. Large aluminiuml storage shed and outside lighting.
E P C - Rating: 'D'
Purchasing Procedure - If you are interested in any of our properties then you should contact our offices at the earliest opportunity. We offer Independent Financial Advise and as part of our service we will ask our Mortgage Adviser to contact all potential buyers to establish how they intend to fund their purchase.
If you are a cash purchaser then we will need confirmation of the availability of your funds.
Your home is at risk if you do not keep up re-payments on a mortgage or other loan secured on it.
Market Appraisals - If you have a house to sell then we offer a Free Valuation, without obligation.
Surveys - Andrew Granger & Co undertake all types of Valuations including R.I.C.S. Homebuyer Survey and Valuation Reports, Valuations for probate, capital gains and inheritance tax purposes and Insurance Valuations. For further information contact out Surveying Department on 0116 2538867.
Map & Street View
Street View is unavailable in this location
Disclaimer - Property reference 26024257. 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 Andrew Granger & Co, Loughborough. 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.
Map data ©OpenStreetMap contributors.