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Alan Moss Road, Loughborough, Leicestershire

£280,000
Added on 22/06/2021
Leaders Sales, Loughborough
PROPERTY TYPE
House
BEDROOMS
x4

Property description

Tenure: Freehold



A house of multiple occupancy (HMO) with a fresh certificate of lawfulness (LDC) granted 24 May 2021, preserving the heritage of the status which has been developed by the current investment owners who are looking to sell. Given the nature of this investment opportunity the current group of students will be leaving Circa July 2021 and advertising will shortly commence 19.6.21. The current details of the lease are;

Nett income 16224 (current lease is exclusive of utilities and self-managed.).
Yield 5.79%

The proposed rent on a transfer basis with the incoming landlord costs associated have been projected INCLUSIVE of utilities for efficiency of management around £20696 (£99.50 PPPW) yielding a nett of 6.28% with 15% deducted for expenses using Leaders estate agents. Please ask to speak to Ben, Senior Lettings Manager to discuss terms, subject to contract.

Our professional landlord clients are disposing of this traditional three bedroom end town house now utilised as four bedroom HMO with outbuilding joined by lean to and reception rooms with parking and additional purchased car standing to the front for multiple private vehicle parking. There is a rear garden laid to lawn. Gas central heating system approximately one year old with installation certificate available for inspection. Upon receipt of a successful bid being received, subject to contract we can share the redacted documents including the EICR, GSR and LDC.

Buyer report;

Brochures

Particulars

Alan Moss Road, Loughborough, Leicestershire

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Loughborough Station1.3 miles
  • Barrow upon Soar Station3.8 miles
  • Sileby Station5.7 miles
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About the agent

Leaders Sales, Loughborough

24-26 Church Gate Loughborough LE11 1UD

Leaders Sales, Loughborough
Welcome to Leaders Loughborough

We're open for business!

Our offices are now open, however the safety of our clients and colleagues is of paramount importance to us, so we are following strict social distancing guidelines and where possible we will be continuing with virtual viewings. Get in touch to book your virtual viewings!

Best Estate Agent Guide 2020: Highly Rated

Leaders in Loughborough - rated Highly Rated for Sales in the Best Estate Agent Guide

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Industry affiliations

Association of Residential Letting AgentsNational Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)

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Disclaimer - Property reference LOU210218. 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 Leaders Sales, 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.

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