House for saleBramble Road, Southsea
- C4 HMO INVESTMENT OPPORTUNITY
- £16015.89 OVER 11 MONTHS INCLUSIVE OF BILLS
- 3 DOUBLE BEDROOMS
- 20'2 LIVING/DINING AREA
- FITTED KITCHEN WITH APPLIANCES
- F.F BATHROOM
- DOUBLE GLAZING
- GAS CENTRAL HEATING
- FULLY FURNISHED
LET UNTIL JULY 2019 THIS C4 HMO INVESTMENT OPPORTUNITY OFFERS THREE DOUBLE LETTING ROOMS PRODUCING A GROSS INCOME OF £16,015.89 GROSS OVER AN ELEVEN MONTH PERIOD INCLUSIVE OF BILLS GIVING A 8% GROSS RETURN.
Comprising of a 20'2'' living/dining area, fitted kitchen with appliances, F.F bathroom, double glazing, gas central heating & fully furnished.
Entrance - Upvc double glazed door leading into lobby, stairs to the first floor, doors to:-
Living/Dining Area - 6.15m'' x 6.32m'' max (20'2'' x 20'9'' max) - Upvc double glazed window to the front elevation with opening casement, plastered walls & ceiling, understairs storage cupboard, radiator, laminate flooring, power points, opening to:-
Kitchen - 3.28m'' x 2.39m'' (10'9'' x 7'10'') - Range of fitted white high gloss wall & base units with brushed steel handles, stainless steel sink unit with chrome mixer tap, integrated oven, hob & cooker hood, fridge/freezer, washing machine, dryer, wall mounted combination boiler, Upvc double glazed window & power points.
Bedroom One - 4.37m'' x 2.51m'' (14'4'' x 8'3'') - Upvc double glazed window to the front elevation with opening casement, plastered walls & ceiling, radiator, laminate flooring & power points.
Stairs To The First Floor - Landing with doors to:-
Bedroom Two - 3.86m'' max x 3.23m'' (12'8'' max x 10'7'') - Upvc double glazed window to the front elevation with opening casement, plastered walls, textured ceiling & coving, radiator, carpet & power points.
Bedroom Three - 3.25m'' x 3.23m'' (10'8'' x 10'7'') - Two Upvc double glazed windows to the rear elevation & one to the side elevation, plastered walls & ceiling, radiator, carpet & power points.
Further Information - The current rent is quoted is a gross figure including bills. There is provision written into the current tenants contract for an allowance of £190.00 pcm to cover bills. Net rent is therefore £13,925.89 giving a return of 6.96%.
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