6 BEDROOM MID TERRACED HOUSE
ROOM RATES (BILLS INC) PW:
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Hotkey Invest are proud to offer for sale a 6 bedroom property currently utilized as a HMO.
The property was refurbished only a couple of years ago to a high standard, no further refurbishment needed. Therefore a turnkey investment.
All 6 bedrooms are tenanted.
The property has an incredible, approximate, 12% yield based on 100% occupancy. With an approximate net income of £14,486 per annum.
The vendor has indicated that the property comes fully furnished, including white goods.
The property has a communal living area and separate fitted kitchen, with a small courtyard to the rear.
There are 4 double bedrooms and 2 single rooms
The rent schedule for each room
Room1 - £90pw
Room 2 £80PW
Room 3 -£90PW
Room 4- £70PW
Room 5 - £90PW
Room 6 - £60PW
It's located in a prime location within a few minutes walk to Memorial Hospital, the town centre and transport links.
More information and photos are available on request, please contact a member of the Hotkey Invest Team.
We insist any interested parties must satisfy themselves as to the accuracy on any information they receive by carrying out independent assessments or otherwise before making any commitment to participate. Click here for full disclaimer
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4 High Street, Wem, Shrewsbury, SY4 5AA
IMPORTANT NOTICE: Hotkey Invest trading name for Hotkey Consultancy Ltd for themselves and for the lessors or vendors of this property whose agents they are give notice that: 1. No appliances, services or service installations have been tested and no warranty as to suitability or serviceability is implied. Any prospective purchaser or lessee is advised to obtain verification from their surveyor or solicitor. 2. The particulars are set out as a general outline only for the guidance of the intended purchasers or lessees and do not constitute, nor constitute part of, an offer or contract. 3. All descriptions, calculations, reference to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but any intending purchasers or lessees should not rely on them as statements or representation of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them before making any commitment to participate. Calculations have been rounded up or down accordingly. 4. No person in the employment of Hotkey Invest has any authority to make or give any representation or warranty whatsoever in relation to this property. 5. All rentals and prices are quoted exclusive of Stamp Duty, legal and surveyors fees and any other associated purchasers or lessees costs. 6. Floor plans are indicative only and should not be relied on. 7. The map showing the boundary of the property postcode is indicative only and has not been checked against the legal title so should not be relied on. 8. All dimensions, floor areas and site areas are only approximate and should not be relied on. Dimensions are generally maximum room dimensions. 9. Hotkey Invest is not a regulated or licensed investment or financial advisor, therefore please seek independent financial advice. 10. Hotkey Invest is not a property management company for Serviced Accommodation, House of Multiple Occupation, Buy to Let and other, therefore please seek an independent management company before making any commitment to participate. 11. Hotkey Invest cannot be held liable for any losses whatsoever incurred as a result of any decisions made from relying on this report.