Shobnall Street, Burton-on-trent, DE14

** Investment Opportunity ** HMO Offering Five Rooms ** High Yield Income **

A traditional mid terrace home offering a five room HMO, being sold as an ongoing let property with a full occupancy the annual income is ?20,784 excluding bills (at full occupancy).
The interior accommodation offer entrance hallway, communal kitchen with wall and base units, freestanding appliance spaces, wall mounted gas fired combination boiler & back door to the rear garden. Alongside the kitchen is a communal dining room combined sitting room. The ground floor has the first room on the front elevation of the property, a ground floor shower room set to the far rear of the home.

The first floor has four further rooms, two across the front elevation, a central larger room and the fourth on the rear alongside a communal bathroom with shower above the bath. The home is uPVC double glazed and gas centrally heated via the gas combination boiler.
Outside is a rear garden with shared gated access to the the front of the home.
Landlords Only.

Income

The income generated and displayed is correct at the time of writing this and subject to change. (excluding bills)2 rooms rent at ?85pw 2 rooms rent at ?75pw and 1 room at ?80pw.At the time of writing this advert one room is vacant @?85 PW.

The Accommodation

Hallway

Communal Room

Kitchen

Shower Room

Ground Floor Bedroom One

First Floor

Bedroom

Bedroom

Bedroom

Bedroom

Bathroom

Outside Garden With Shared Gated Entry

HMO Licence

The home has been used as a HMO with assured shorthold tenancy agreements, with the current owners having a HMO licence in place with the local authority, therefore proving deemed consent as a HMO for the purpose of article 4. The new owners will have to apply for the HMO licence in their names, but are able to provide evidence for deemed consent for the process. An internal viewing is essential for a proposed buyer to satisfy themselves as to the internal condition before purchase. Draft details awaiting vendor approval and subject to change.