Standout Features
- Five-Bedroom Licensed HMO
- Potential Net ROI of 8.33+%
- Great Location Close to University of Winchester
- Fully Fitted Kitchen Inc Dishwasher
- Sizeable living Room With Flat Screen TV
- Going Concern with Option to Remarket
- Off Road Parking
- Very Large Bedrooms
- Article 4 Compliant
- Great Condition Throughout
Property Description
Fantastic Five-Bedroom Compliant HMO Semi Detached House. Well maintained and in good condition.
Located Just a Short Walk From Winchester City Centre and Winchester University.
Sold as a going concern with a tenancy in place for a net £1,725.00 per month on a long term company let. Represents a pre-set and self maintaining investment at 5.75%.
Option to remarket for a higher rent from break next year with an achievable rent of £2,500+, creating a gross ROI of 8.33%+.
Five good sized bedrooms, all fully furnished and ready to rent. Great sized garden with patio space and light, spacious kitchen and separate communal space.
Large bathroom and separate WC. Free off street parking available for tenants in desirable HMO rental area. Optimal for students, professionals and company lets.
Article 4 compliant and fully licensed.
Call Martin & Co today to view and discuss your investment needs.
Material Information
- Tenure: Freehold
- Council Tax Band: C
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Stanmore Lane, Winchester
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