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8 bedroom commercial property for sale

Morrell Street, Warwick

Sold STC £575,000

Property Description

Key features

  • 8 Bedrooms
  • HMO
  • Newly constructed
  • 2 floors
  • Common room with kitchen area
  • Rear garden
  • Ideal investment opportunity
  • Water rates and rates included in rent
  • Freehold
  • Central Leamington Spa

Full description

A newly constructed eight bedroomed unit let out to a university offering good investment potential.

A HMO ( House in multiple occupation) having all the necessary permissions and consents which will be handed over to a university for rental to students on 1st August 2016.

We are informed that the agreed net rental is £28,968 per annum.

Rates and water rates are included in the rent..

The property is being sold fully furnished.

please see PDF attached for full details

The property comprises:

Ground Floor - Entrance Lobby, Common room with Kitchen area, four Bedroom units and a bathroom.

First Floor - Four further Bedrooms, one Bathroom and a separate W.C.

Outside - There is a rear garden.

General Information - Services Mains water and electricity are believed to be connected to the property.

Tenure - We believe the property to be Freehold. The agent has not checked the legal status to verify the freehold status of the property. The purchaser is advised to obtain verification from their legal advisers.

Fixtures And Fittings - Only those mentioned within these particulars are included in the sale price.

Viewings - Strictly by appointment through the Agents on (01926) 438129.

Special Note - All electrical appliances mentioned within these sales particulars have not been tested. All measurements believed to be accurate to within three inches.

Photographs - Photographs are reproduced for general information only and it must not be inferred that any item is included for sale with the property.

Disclaimer - Whilst we endeavour to make our sales details accurate and reliable they should not be relied on as statements or representations of fact, and do not constitute any part of an offer or contract. The seller does not make or give, nor do we, or our employees, have authority to make or give, any representation or warranty in relation to the property. Please contact the office before viewing the property. If there is any point that is of particular importance to you, we will be pleased to check the information for you and to confirm that the property remains available. This is particularly important if you are contemplating travelling some distance to view the property. We would strongly recommend that all the information, which we provide, about the property is verified on inspection and also by your conveyancer.

Survey - Hawkesford Survey Department has Surveyors with local knowledge and experience to undertake Building Surveys, RICS Homebuyers Reports, Probate, Matrimonial, Insurance valuations, together with Rent Reviews, Lease Renewals and other professional property advice. Hawkesford are also able to provide Energy Performance Certificates. Telephone (01926) 438124.

Management Dept - For all enquiries regarding rental of property, or indeed management of rented property, please contact Pauline Carrera-Silva on (01926) 438123.

Financial Services - For mortgage advice, please contact this office on (01926) 430553, and we will arrange for our independent mortgage advisor to contact you to give you up to the minute mortgage information.

Directions - From our offices in Leamington Spa; turn left onto Hamilton Terrace, turn right onto The Parade, turn right onto Clarendon Avenue, turn left onto Morrell Street.

More information from this agent

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Disclaimer - Property reference 26400748. The information displayed about this property comprises a property advertisement. 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 Hawkesford, Leamington Spa. 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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