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Fixed price

£250,000

(£247.04/sq. ft)

Block of flats for sale
Silver Street, Coalville LE67

    • 1,012 sq. ft

Added on 18/07/2024

About this property

    Investment Consideration:
    Rental Income: £21,540 p.a.
    Erv: £27,540 p.a. Giy: 11.02%
    VAT is not applicable to this property
    Comprises mid-terrace house with large garden, arranged as a 4-bed HMO
    Situated within short walk from the High Street, with occupiers nearby including Co-Op Food, Post Office, takeaway`s and more

    Property Description:
    Comprises two-storey 4-bedroom HMO with rear garden, providing the following accommodation and dimensions:
    Ground Floor: 74 sq m (796 sq ft)
    2 rooms (1 en-suite), kitchen, bathroom
    First Floor: 20 sq m (216 sq ft)
    1 large double and 1 single room (both en-suite)
    Total gia: 94 sq m (1,012 sq ft)

    Tenancy:
    Room 1 is at present let on AST to an Individual for a term of 12 Months from 13th May 2024 at a current rent of £7,200 per annum. Deposit held of £600.
    Room 2 is at present let on AST to an Individual for a term of 12 Months from 22nd January 2024 at a current rent of £7,200 per annum. Deposit held of £600.
    Room 3 is at present let on AST to an Individual for a term of 6 Months from 1st March 2024 at a current rent of £7,140 per annum. Deposit held of £595.
    Room 4 is at present vacant. Erv: £6,000 p.a.

    Location:
    The town of Coalville lies on the A511 between Leicester and Ashby-de-la-Zouch, to the west of Junction 22 of the M1 motorway. Whitwick is a village and civil parish in the North-West Leicestershire, close to the town of Coalville. The property is situated within short walk from the High Street, with occupiers nearby including Co-Op Food, Post Office, takeaway`s and more.

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    Monthly repayment

    £1,250 per month

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