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5 bed Hmo house in Netherfield, Quick sale required (£169,995)

Date posted: Sunday 20th September
Location: Netherfield

spacious great investment semi-detached property. With an investment rate of return of 9% this is a very valuable proposition. The accommodation comprises of 5 good size double bedrooms all with double beds, wardrobes, sets of drawers, room sinks and fridges with a smoke and fire alarm in each room, a bathroom, a separate shower room, fitted kitchen and a lounge sitting room. The property benefits from gas central heating and full double glazing.
Tenants benefit from being situated in a really good location close to all local amenities. Viewing is highly recommended as soon as possible before it might be too late!
ENTRANCE HALL
Entrance door to the front of the property, wooden laminate flooring with doors leading to bedroom 1 and the lounge sitting room.
LOUNGE SITTING ROOM 12'2" by 11'1" (3m 71cm x 3m 38cm)
Double glazed window to the side, wooden laminate flooring, open fire place, radiator, TV point with television, storage cupboard under the stairs with doors leading to bedroom 2 and the washer room that in turn leads to the shower room.
LOUNGE SITTING ROOM FURTHER VIEW.

KITCHEN Max 9'4" by 8'5" (2m 84cm x 2m 57cm)
Located on the first floor, double glazed window to the side, vinyl flooring, door leading to the bathroom, fitted wall and base units, full bowl stainless steel sink/drainer, laminate work surfaces, splash back tiling, integrated electric oven, electric hob with internal cooker hood, radiator and cupboard housing the central heating boiler.
WASHER ROOM
Carpet flooring, automatic washing machine and door leading to the shower room.
SHOWER ROOM
Located on the ground floor, double glazed window to the rear, tiled flooring, low level WC, pedestal wash hand basin, shower cubicle, radiator and extractor fan.
BEDROOM 1 15'3" into the bay by 12'1" (4m 65cm x 3m 68cm)
Located on the ground floor, double glazed bay window to the front, wooden laminate flooring, double bed, wardrobe, set of drawers, sink, fridge and radiator.
BEDROOM 2 18'3" by 8'4" (5m 56cm x 2m 54cm) Max
Located on the ground floor, double glazed window to the side, wooden laminate flooring, double bed, wardrobe, set of drawers, sink, fridge, radiator and telephone internet point.
BEDROOM 3 12'7" by 10'2" (3m 84cm x 3m 10cm)
Located on the first floor, double glazed window to the rear, wooden laminate flooring, double bed, wardrobe, set of drawers, sink, fridge and radiator.
BEDROOM 4 Max 15'8" by 12'1" (4m 78cm x 3m 68cm)
Located on the first floor, double glazed window to the front, wooden laminate flooring, double bed, wardrobe space in alcove, set of drawers, sink, fridge and radiator.
BEDROOM 5 11'7" by 11'6" (3m 53cm x 3m 51cm)
Located on the second floor, double glazed window to the side, wooden laminate flooring, double bed, wardrobe, set of drawers, sink, fridge, radiator and telephone point.
BATHROOM 8'4" by 6'5" (2m 54cm x 1m 96cm)
Located on the first floor, double glazed window to the side, wooden laminate flooring, bath with shower in the bath, pedestal wash hand basin, low level WC, splash back tiling, extractor fan and radiator.
CURRENT RENTAL INCOME
Current income from the five bedrooms amount to £1,550 per calendar month inclusive. An additional income is received from the billboard on the outside wall amounting to £550 per annum.
Current costs for the tenants payable by the landlord for Council tax, water rates, gas and electricity charges are £350 per calendar month.
Total net rental income therefore amounts to £14,950 per annum

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