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Elsden Road, Wellingborough

PROPERTY TYPE

End of Terrace

BEDROOMS

6

BATHROOMS

2

SIZE

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TENURE
Describes 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

  • Fully licensed 6 bedroom HMO
  • House of Multiple Occupation
  • Investment Opportunity
  • Walking distance to the train station
  • Investors Only
  • 10% ROI

Description

INVESTMENT OPPORTUNITY Fully licensed six bedroom HMO situated in Wellingborough, just 10 minutes' walk to the train station.

Strategically positioned near essential amenities this property promises convenience and accessibility for all professional tenants.

The property comprises of entrance hall leading to a well-appointed fitted kitchen and a communal WC at the rear of the property. You will also find a low maintenance rear garden.

The ground floor hosts two bedrooms, while the first floor boasts three additional bedrooms and another bathroom with an opportunity to add additional WC/shower room. You will also find the sixth room on the third floor which is a loft conversion.

Managed seamlessly by our dedicated lettings team since 2021, this property has enjoyed uninterrupted occupancy, a testament to its prime location with zero void periods, tenants benefit from both the convenience of the surroundings and access to the train station and town centre.

Don't miss out on the opportunity to invest in this thriving rental asset, This lucrative property generates an impressive annual income of £28,800, offering investors a substantial return on investment (ROI) of 10%. With such a robust financial performance, this asset stands as a testament to its enduring value and potential for lucrative returns.

Given you are also on a corner plot you also have an opportunity to covert this property into multiple flats subject to planning approval.

Council Tax Band: B
Tenure: Freehold

Entrance hall

Entered via single glazed part glazed door to the front aspect, radiator, stairs rising to first floor landing and doors leading to:

Kitchen/lounge

Fitted kitchen comprising wall and base units with work surfaces over, stainless steel sink and drainer unit, tiling to splashback areas, gas cooker, freezer, washing machine, radiator, tiled flooring, double glazed window, door to the rear aspect leading to garden.
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WC

low level WC

Garden

Paved patio area for seating and fully enclosed garden.

Bedroom 1

Double sized bedroom, neutrally decorated, double glazed window to the side aspect. Fully occupied room.

Bedroom 2

Double sized bedroom, neutrally decorated, double glazed window to the side aspect. Fully occupied room.

First Floor

Stairs rising from entrance hall, leading to bedrooms and bathroom

Bathroom

Suite comprising wash hand basin, WC, bathtub, shower over bath, fully tiled walls and obscure double glazed window to the side aspect.

Bedroom 3

Double sized bedroom, neutrally decorated, double glazed window to the side aspect. Fully occupied room.

Apartment 4

Double sized bedroom, neutrally decorated, double glazed window to the side aspect. Fully occupied room.

Bedroom 5

Double sized bedroom, neutrally decorated, double glazed window to the side aspect. Fully occupied room.

SECOND FLOOR:

Bedroom 6

Double sized bedroom, neutrally decorated, double glazed window to the side aspect. Fully occupied room.

Brochures

Brochure
COUNCIL 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.
Band: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Private garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Elsden Road, Wellingborough

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About Open House, Bedford

60B Bromham Road, Bedford, MK40 2QG

Open House Bedford Estate and Letting Agents make buying, selling, renting or letting a property quick and easy.

As part of a national network of estate agents with a localised presence, we offer honest expert advice.

Great value, personalised service - offering a revolutionary new concept in estate agency, we are able to deliver a fully personalised estate agency service.

Our local Bedford estate agency team make sure that your move progresses as quickly and smoothly as possible.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£1,377
We think you can borrow up to
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Disclaimer - Property reference RS0075. 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 Open House, Bedford. 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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